Lacessit- I do remember that when Wall St opened up the first Bitcoin futures ETF fund the second wealthiest person in Mexico said it was curtains for Bitcoin. He had made a ton of money in the crypto markets before the Wall St boys got involved but said, once they do get involved and several more bitcoin futures ETF were approved by the SEC, the easy money was over and the manipulation would take over the crypto market,
Gary Gensler, the chairman of the SEC, was being touted by crypto enthusiasts because he evidently spoke highly about the future of cryptos and evidently was involved in the crypto market when he was in academia and was a strong proponent of them.
Once he became the chairman of the SEC he changed his tune and look how quickly the SEC approved several bitcoin future ETF's but still haven't approved any bitcoin funds in the US whereby investors can buy bitcoin. He takes his marching orders from the Wall ST boys and Wall St and the Central bankers don't want a competing unregulated alternative currency succeeding and becoming a threat to their monopolistic control with their current system.
A crypto currency will emerge but it will be a crypto currency controlled by the Central bankers and Wall St so they can continue their game of controlling and rigging the financial markets for their benefit.