Bitcoin philosophy not valid anymore!?

I got into bitcoin because of its philosophy tha empowered people against governments. It allows people to genuinely have a piece of the Bitcoin that they could leverage at some point financially or in many other aspects.

But: now Bitcoin is held by Blackrock and other ETFs. People are buing stocks of Bitcoin, not the asset itself. It starts to feel as useless as gold or Tesla shares.

An ETF share is a claim. A hardware wallet with your own private keys is actual ownership. That difference still matters today just as much as it did when Bitcoin was created.