Is bitcoin honestly that volatile? I guess I'm too used to smaller, more illiquid crypto's and I consider bitcoin quite stable. Sure, it has its swings, but that's true for any stock when there's negative news.
Are there any notable parties who are adamantly against the ETF?
It can easily become volatile if more coins entered the market, such a small amount of coins can sway the price pretty heavily. There are a few people who are adamantly against the ETF for example this person J Stolfi who is a professor and big anti-bitcoin advocate who thinks its a ponzi, but also thinks gold is a ponzi. I think they are worried about introducing anything new because of potential risks being larger than the rewards.
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