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Bitcoin
Bitcoin (BTC)
$107,804.00 -1.33397
Bitcoin price
Ethereum
Ethereum (ETH)
$2,534.61 -1.55849
Ethereum price
BNB
BNB (BNB)
$658.99 -0.26866
BNB price
Solana
Solana (SOL)
$148.38 -2.34416
Solana price
XRP
XRP (XRP)
$2.26 -0.28215
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -1.99999
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000098 -3.8945
Pepe price
Bonk
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$0.0000223 1.12211
Bonk price
dogwifhat
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$0.833307 -5.39194
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Popcat
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$0.279618 -7.61637
Popcat price
Bitcoin
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$107,804.00 -1.33397
Bitcoin price
Ethereum
Ethereum (ETH)
$2,534.61 -1.55849
Ethereum price
BNB
BNB (BNB)
$658.99 -0.26866
BNB price
Solana
Solana (SOL)
$148.38 -2.34416
Solana price
XRP
XRP (XRP)
$2.26 -0.28215
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -1.99999
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000098 -3.8945
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.12211
Bonk price
dogwifhat
dogwifhat (WIF)
$0.833307 -5.39194
dogwifhat price
Popcat
Popcat (POPCAT)
$0.279618 -7.61637
Popcat price
Bitcoin
Bitcoin (BTC)
$107,804.00 -1.33397
Bitcoin price
Ethereum
Ethereum (ETH)
$2,534.61 -1.55849
Ethereum price
BNB
BNB (BNB)
$658.99 -0.26866
BNB price
Solana
Solana (SOL)
$148.38 -2.34416
Solana price
XRP
XRP (XRP)
$2.26 -0.28215
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000116 -1.99999
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000098 -3.8945
Pepe price
Bonk
Bonk (BONK)
$0.0000223 1.12211
Bonk price
dogwifhat
dogwifhat (WIF)
$0.833307 -5.39194
dogwifhat price
Popcat
Popcat (POPCAT)
$0.279618 -7.61637
Popcat price

Michael Saylor: Spot Bitcoin ETFs a game-changer

Brian Stone
Edited by
Markets
Michael Saylor: Spot Bitcoin ETFs a game-changer

MicroStrategy executive chairman Michael Saylor recently emphasized the potential impact of upcoming spot Bitcoin ETFs on the markets.

In a Bloomberg TV interview, Saylor asserted that this development could be the most significant on Wall Street in three decades, drawing a parallel with the introduction of the S&P 500 ETF. According to Saylor, mainstream investors have lacked a “high bandwidth” compliant channel for investing in Bitcoin, a gap that the spot Bitcoin ETF is poised to fill.

“Spot Bitcoin ETFs may be the biggest development on Wall Street in the last 30 years.”

Michael Saylor

Saylor anticipates a demand shock for Bitcoin (BTC), driven by the introduction of the spot ETF, followed by a supply shock during April’s halving, reducing daily Bitcoin production from 900 to 450. Despite forecasting a major bull run for Bitcoin in the coming year, Saylor refrained from speculating on specific price levels.

Addressing concerns about the potential diversion of investor demand from MicroStrategy to a spot ETF, Saylor highlighted MicroStrategy’s distinct position as an operating company capable of using cash flow or “intelligent leverage” to bolster its Bitcoin holdings. Unlike ETFs, MicroStrategy does not charge ownership fees.