Why this is backwards with BTC

People have been speculating about the Bakkt ETF , institutional involvement etc.
Now there is a panic because it may be delayed. It may never happen , because WE have to prove the value and stability of crypto before anyone will touch it.
Seriously.
It's 3 days rallys and 30 day crashes that scare people off.
Pump and dump i not a sustainable business model.
Im not a financial advisor, and have been wrong frequently.
Caveat emptor.