“I do not see bitcoin ETFs as clashing with what authentic proponents of crypto hoped for, as a result of from the very begin even essentially the most idealistic strains of bitcoinism had been all the time twinned with the uncooked need to earn cash,” Koning stated. “For the quantity to go up, extra funds should be drawn in, which requires not solely counting on the linkages already solid to conventional finance, like the combination with the cardboard networks, however new types of interconnection.”