Bitcoin
Bitcoin (BTC)
$68,056.00 1.27856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,529.14 0.21818
Ethereum price
BNB
BNB (BNB)
$601.71 1.20574
BNB price
Solana
Solana (SOL)
$184.30 5.90598
Solana price
XRP
XRP (XRP)
$0.5961360 -0.0021
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 0.41657
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 2.41743
Pepe price
Bonk
Bonk (BONK)
$0.0000328 5.6456
Bonk price
Bitcoin
Bitcoin (BTC)
$68,056.00 1.27856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,529.14 0.21818
Ethereum price
BNB
BNB (BNB)
$601.71 1.20574
BNB price
Solana
Solana (SOL)
$184.30 5.90598
Solana price
XRP
XRP (XRP)
$0.5961360 -0.0021
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 0.41657
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 2.41743
Pepe price
Bonk
Bonk (BONK)
$0.0000328 5.6456
Bonk price
Bitcoin
Bitcoin (BTC)
$68,056.00 1.27856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,529.14 0.21818
Ethereum price
BNB
BNB (BNB)
$601.71 1.20574
BNB price
Solana
Solana (SOL)
$184.30 5.90598
Solana price
XRP
XRP (XRP)
$0.5961360 -0.0021
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 0.41657
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 2.41743
Pepe price
Bonk
Bonk (BONK)
$0.0000328 5.6456
Bonk price
Bitcoin
Bitcoin (BTC)
$68,056.00 1.27856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,529.14 0.21818
Ethereum price
BNB
BNB (BNB)
$601.71 1.20574
BNB price
Solana
Solana (SOL)
$184.30 5.90598
Solana price
XRP
XRP (XRP)
$0.5961360 -0.0021
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000182 0.41657
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000125 2.41743
Pepe price
Bonk
Bonk (BONK)
$0.0000328 5.6456
Bonk price

Michael Saylor: Spot Bitcoin ETFs a game-changer

michael-saylor-spot-bitcoin-etfs-a-game-changer
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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.