Michael Saylor: The launch of a spot Bitcoin ETF is the most important event on Wall Street in 30 years

Michael Saylor: The launch of a spot Bitcoin ETF is the most important event on Wall Street in 30 years

user avatar

by Max Nevskyi

3 years ago

Michael Saylor, in an interview with Bloomberg, expressed the opinion that the emergence of a spot Bitcoin ETF could be the most significant event on Wall Street since the early 1990s. He compared it to the creation of the S&P index and the ability to invest in all 500 S&P companies with a single transaction.

Saylor asserts that a spot Bitcoin ETF will facilitate access to Bitcoin for both retail and institutional investors. He predicts that this ETF will become a catalyst for the growth in demand for Bitcoin, particularly in anticipation of the Bitcoin halving in April, which will lead to a supply shortage.

Saylor also noted that his company, MicroStrategy, will continue to invest in Bitcoin, aiming to increase the number of Bitcoins per share for its shareholders. MicroStrategy began buying Bitcoin in 2020 and has since provided traditional investors with access to this cryptocurrency.

Currently, MicroStrategy owns 174,530 BTC, which at current prices is approximately $7.3 billion. Saylor, who was once skeptical about Bitcoin, is now one of its biggest proponents. He changed his mind after spending thousands of hours studying Bitcoin and convinced the MicroStrategy board to invest in this cryptocurrency.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

OpenAI Claims to Solve Navier-Stokes Equations Amid Controversy

chest

OpenAI announced on September 8, 2026, that it has solved the Navier-Stokes equations, a significant problem in mathematics, but faces criticism from NYU mathematician Tristan Buckmaster regarding the originality of the solution.

user avatarTenzin Dorje

Cronos Reverses Transactions to Mitigate Exploit Damage

chest

Cronos blockchain network rolled back nearly two hours of transaction history to recover funds after a significant exploit of the Tectonic lending protocol.

user avatarBayarjavkhlan Ganbaatar

MEXC Introduces Opportunity Compass for Enhanced Market Understanding

chest

MEXC has launched Opportunity Compass, an educational initiative aimed at helping users understand both crypto and traditional financial markets.

user avatarMohamed Farouk

MEXC Introduces Opportunity Compass for Crypto Education

chest

MEXC has launched Opportunity Compass, an initiative aimed at educating cryptonative users about global markets and financial opportunities.

user avatarElias Mukuru

Zoomex Highlights Market Volatility Amid Economic Shifts

chest

Zoomex highlights its platform's capabilities during a week of sharp market volatility driven by economic data, enabling traders to respond in real-time.

user avatarDiego Alvarez

Tesla Faces Regulatory Scrutiny, Stock Drops

chest

Tesla's shares fell 6% following a new investigation into its autonomous vehicle technology by the National Highway Traffic Safety Administration, highlighting the impact of regulatory scrutiny on the stock market.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.