There is clearly a pre and a post-era of BTC and blockchain history with the launch of the ETFs. Big traditional players have joined the party and will keep adding volume to BTC as they start offering services to wealthy people through their funds and also to other financial institutions.
As you point out, I believe BTC market will start being unaccessible by regular Joes, but the amount of money coming in will spread through other chains, will push innovation and creativity, and will open the minds to those curious who still need to see their neighbors join W3 before they do.
I do not like how big institutions control Tradfi in the world, but this time they are joining a game they do not completely control and that is a huge difference.