followed by a supply glut.  ETFs are a way for BR to keep BTC  undermined and controlled in order to protect fiat.  Thats why ETFs were approved.   They want to  hypervolatilize Bitcoin, even if it costs them. 

 they cannot control anything. etfs are forced to buy it at any price 

 That's going to backfire on them. They can't control anything, they can only lock Bitcoin away, reducing the supply even further.