There is a widespread fear thatBitcoin-based investment products might become a tool to move the capital fromthe fiat markets. And, regulators would not be happy about this happening.

If the ascertained feature of theinvestment products became a reality, the fiat currencies would becomeunattractive to investors. And, that could be the start of illicit financialtransactions.

When newer markets are created tobring in more of Bitcoin, that would consequently increase the numbers offinancial crimes. Eventually, an average law enforcement agency would want toget rid of Bitcoin for once and forever.

The fear aroundinstitutional-grade Bitcoin products is that regulators can anytime walk in andshut it down forever.

Speculators and transactorscurrently sustain the cryptocurrency ecosystem. The Bitcoin protocol is created in a way to help those who are willingto make transactions without falling prey to regulators. Yet another class of them who use thisprotocol are those willing to extract a lot of profits from Bitcoin. Both ofthese users work complementary to each other.

Institutional interest in Bitcoinis increasing, and the need for Bitcoin ETF is rising, and the related concernsabout the security of these products are also increasing.

AnthonyPompliano opines that the views around the consequences of the ETF products arewildly inaccurate. He stated, “You’reclaiming that non-censorship is the only value prop of Bitcoin. What about thenon-seizure element? What about the disinflationary monetary supply? Or thesound money element? Or pseudonymity? Please stop writing nonsense &misinformation.”

In adiscussion about the different types of Bitcoin investors, another new group ofpeople is considered to be in existence. They are those who invest in Bitcoin to protect themselves againstinflation, which might occur due to governmental corruption.

Whileall these are the trending discussions, nearly $77 million of Bitcoin (BTC) iscurrently unavailable for use on the network. The reason being that these tokens are locked up in several side chains.

Therewas a bullish crossover at 100 and 200 MA, the token continues to trade flat.There is no clear directional basis. If the bearish trend should be broken, the200-day moving average at $8,739 should be invalidated.

The200-day MA is the barometer for the longer-term trend, and the cross over didnot help to buoy the prices. Despite all forecasts, Bitcoin cannot be shut downany time soon. A lot of people arebehind the scenes, and they would not want to see it go away.