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We are closer to the final deadline for a spot Bitcoin ETF than ever before.
Analysts have approval odds at 90%.
With all the recent meetings between applicants & the SEC, I would put odds closer to 99%.
This week Michael Saylor went on Bloomberg and said the spot Bitcoin ETFs may be the biggest development on Wall Street in the last 30 years.
Saylor believes the ETFs are going to drive somewhere between a 2x to a 10x increase in demand.
This will be followed 3 months later by the Bitcoin Halving.
A demand shock, quickly followed by a supply shock.
This is unprecedented for an asset class.
It’s why analysts are calling this the biggest moment in Bitcoin’s life.Don’t underestimate this milestone for Bitcoin. It’s arguably the biggest milestone in Bitcoin’s history.
Make sure to stick around to the end of the video where Bloomberg analyst James Seyffart also gives the latest update on the Bitcoin ETFs & why it’s going to spark a marketing war for Bitcoin.
About Michael Saylor:
Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and Cloud-based services.
#Ethereum #Bitcoin #MichaelSaylor
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