Michael Saylor: Bitcoin Spot ETF, Wall Street's Biggest Evolution in 30 Years

• The Impact of Upcoming Spot Bitcoin ETFs
• Lack of Compliant Channel for Bitcoin Investment
• Major Bull Run for Bitcoin

The Impact of Upcoming Spot Bitcoin ETFs

Lack of Compliant Channel for Bitcoin Investment

Until now, mainstream investors, both individual and institutional, have been without a high bandwidth compliant route for investing in bitcoin, according to Saylor. However, this is set to alter with the introduction of the spot ETF. Saylor argues that this will trigger a demand surge for bitcoin, followed closely by a supply shock due to April's halving event. This event will result in only 450 bitcoin being generated per day compared to the current 900.

Major Bull Run for Bitcoin

All these factors indicate a significant bull run for bitcoin in the coming year, mentioned Saylor, without speculating on the potential price increase. When asked about whether a spot ETF could potentially divert investor interest away from MicroStrategy, often considered a bitcoin ETF proxy, Saylor clarified that MicroStrategy is an operational company that can enhance its stack through its cash flow or intelligent leverage. He reiterated that, unlike ETFs, there are no fees associated with owning MSTR.

Edited by Jonathan Stoker