I have the same concerns and similar thoughts about the future of bitcoin. It is probably the only hope for personal financial freedom, otherwise a dystopian authoritarian future is likely.

The groups in the highest orders, or with the most control over the current system, will not let go without a serious fight. The fact that Blackrock etc are gobbling shares has been beneficial for the short term price gains of btc, but I’m skeptical the etfs will be a benefit for those who seek financial freedom in the future.