It looks like a spot Bitcoin ETF will probably get approved sending the BTC price to $1,000,000 per coin, says MicroStrategy chairman Michael Saylor.
“I have said before and I will repeat it again. If it’s not going to zero, it’s going to a million. It’s either nothing & if its nothing then its getting scrubbed out & banned & of course we now know it’s not getting banned. There’s no way that Fidelity, Citadel, BlackRock, Charles Schawb, Deutsche Bank, Credit Agricole, Banco Santander all decide they’re interested in this, they’re not endorsing a tulip bulb, right? Once you go from zero to the one, then the question is, well its an asset class & if it’s not going away what is it worth? Well it’s worth 1% of the assets in the world so 1% drives it up by a factor of 10-20.”
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