What is there to implode? This is simply the beginning of tapping into different capital markets. It might be new and volatile, and there will probably be some players not making it who are going into it too aggressively at some point, but overall it's just siphoning capital away from untapped capital markets. Markets that didn't have access to these instruments (btc exposure) before. If not in this way, how else would these markets be accessed in a world that's on a hyperbitcoinization track?