Michael Saylor welcomes the Ethereum ETF as great for legitimizing crypto assets but maintains it's a big win for BTC.
‘Is this good for Bitcoin or not? It’s good for Bitcoin. In fact, it may be better for Bitcoin because we’re politically much more powerful, supported by the entire crypto industry.’
About two weeks ago, the executive believed that Bitcoin would be the only approved crypto asset with a spot ETF and backing of Wall Street and TradFi. However, his emphasis that BTC could benefit more from the ETH ETF adds to the divergent views on the topic.
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