Spot Bitcoin ETF biggest Wall St development in 30 years: Michael Saylor
The MicroStrategy co-founder said Bitcoin ETFs could be the biggest thing to happen to traditional finance since the introduction of the S&P 500 index fund.
A spot Bitcoin (BTC) exchange-traded fund (ETF) approval could be the biggest development on Wall Street since the early 1990s, says Bitcoin bull Michael Saylor.
“It's not unreasonable to suggest that this may be the biggest development on Wall Street in 30 years,” Saylor said in a Dec. 19 interview with Bloomberg.
“The last thing that was this consequential was the creation of the S&P index and the ability to invest in all 500 S&P companies via one trade at the same time.”
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