Bitcoin should keep the use case of money only or at least mostly and improve on that, LN + other projects. Ethereum use case is none, uniswap and other defi stuff is all just gambling and highly inefficient one, eth is already dead, with the etf, development and hype narratives are dead, either way, bitcoin will have to compete with every asset that is SoV or MoE, in every battleground, that includes ETFs. Eth is not even a concern for Bitcoin, Bitcoin targets are Gold and USD.
i don't necessarily disagree with most of what you're saying here. but even if most of the stuff that trades on uniswap is just gambling non-custodial trading itself is a good idea. we would want the world to move more towards stablecoin + non-custodial trading rather than the existing custodial exchange paradigm.