MicroStrategy founder: A Bitcoin spot ETF could be the biggest development on Wall Street in 30 years, driving a bull market for Bitcoin next year

2023-12-20 09:02:26

Collection

ChainCatcher news, MicroStrategy founder and executive chairman Michael Saylor stated in a radio interview that the market should not underestimate the significance of the upcoming Bitcoin spot ETF, which could be the biggest development on Wall Street in 30 years.

He explained that mainstream investors have not yet had a "high bandwidth" compliant channel to invest funds into Bitcoin, and all of this will change with the emergence of the spot ETF. This new investment tool will trigger a demand surge for Bitcoin, which will drive a major bull market for Bitcoin next year.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.