The answer for this is a big NO. I would give the reasons for it
- We had 20k without ETF. The only reason why it‘s important now: helps the bears to manipulate
2 . ETF its not threatening to bitcoin ...its opposite ...its a white surrendering flag for Banks and institution ...fuck ETF ..i dont care ...i have BTC ...they dont have it ...
3 . Read, & you'll see why this isn't happening. It's clear that they'll never approve ETFs or anything of the like, until we have regulatory protections, & investors are adequately insulated from the manipulation with which this market is rife.
4 . Bitcoin supply will dry up price will go up slowly with fiat inflation rate. We dont need ETF and more manipulations from wall street!
5 . 
The news today was telling that a Bitcoin ETF might not be coming for a long time until the market is believed to be not concentrated around a few unregulated exchanges... I see your point that ETFs are not really needed but do you agree that from a price perspective it could have helped by increasing demand?
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Do you think bitcoin is ready for etf ?
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Probably not... but I think getting ahead might be beneficial for adoption and distribution of ownership
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