MicroStrategy Chairman Michael Saylor emphasized the importance of spot Bitcoin exchange-traded funds (ETFs) for the markets.
Speaking to Bloomberg TV, Saylor said: “It wouldn’t be unreasonable to say this could be the biggest event on Wall Street in the last 30 years.” said.
Saying that this is comparable to the S&P 500 index, Saylor said that thanks to the spot Bitcoin ETF both individual and institutional investors to Bitcoin You can access it much more easily he thinks.
MicroStrategy executive says it will happen in the new year a demand shock will create, after which a There will be a supply shock told. Amount of Bitcoin produced daily after halving in April/May 2024 from 900 to 450 will fall.
Saylor says 2024 is the year for cryptocurrencies “a big bull run” He said that it will happen, but it is not yet known how much the price will rise.