Altcoin ETFs may bring fresh liquidity into Crypto, but there's a deeper question here.

What happens when active, living networks get turned into passive Wall Street products?

Price exposure is not the same as participation. If money flows in through ETFs, but users do not hold the asset directly or stay close to the network itself, Crypto risks becoming something people speculate on rather than something they help secure, shape, and use.

Liquidity can help. Adoption can help. But convenience can also centralise power.

Watch: https://www.youtube.com/watch?v=L6c-HtBf7EE

Are altcoin ETFs opening the door to adoption, or building a governance trap in plain sight?

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