Arthur Hayes opposed the approval of Bitcoin-ETFs

He called investment funds "agents of the state" and added that institutional interest in the asset threatens a situation "that we may ultimately not like"

"Yeah, okay, an ETF comes along, the price rises to what it can - but what's the end result of one institution owning all this cryptocurrency?"

#BTC🔥🔥 #BTCETF #ETFWave #ETFTrends