Michael Saylor: Spot Bitcoin ETFs a game-changer

MicroStrategy utive 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.

Esta página pode conter conteúdo de terceiros, que é fornecido apenas para fins informativos (não para representações/garantias) e não deve ser considerada como um endosso de suas opiniões pela Gate nem como aconselhamento financeiro ou profissional. Consulte a Isenção de responsabilidade para obter detalhes.
  • Recompensa
  • Comentário
  • Repostar
  • Compartilhar
Comentário
0/400
Sem comentários
  • Marcar
Negocie criptomoedas a qualquer hora e em qualquer lugar
qrCode
Escaneie o código para baixar o app da Gate
Comunidade
Português (Brasil)
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)