Definitely. I think the point of decentralized currency and token is for us to be our own custodians.
An ETF renders it merely an investment where as it should be treated as both an investment and a currency.
XLM, ZIL, XRP, etc; all of these high supply coins are designed as payment protocols so there are enough to have a working economy. By pushing these into ETF's, trusts, and third party custodians, we are destroying the very purpose for which they are created.
Of course, this is my opinion and it is somewhat purist. I'm sure many people would not agree to the points I've put forth @devann
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