Banks worldwide are making it more and more difficult for money to enter the exchanges.
They are turning it into a totally asymmetric relationship. For 1000 dollars of shit they ask you more explanations than 100 million dollars to the politicians.
The small user is being treated like a criminal, and decentralized or p2p exchanges are useless because the receiver ends up having his account closed or the sender ends up being asked the same questions.
My unpleasant theory has always been that bitcoin will only partially succeed, they will only let bitcoin be used by the powerful, and since the approval of the ETF it is more than evident.