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Help me decode this 'warning' ⚠️

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I told a friend I've put some savings into crypto (Bitcoin mostly) and he messaged me this. It's a bit cryptic (no pun intended) and he's VERY business savvy but also quite a bit older. Is he right, part right or totally out of touch and what is he talking about??

"... I know you're smart but just take care on crypto....the govt will ok crypto ETFs in the UK soon .... that's what's driven the US market....properly regulated ..."

Help me translate this pls.

TIA

submitted by /u/Gaia4495
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