TechFlow reports, MicroStrategy founder Michael Saylor said in an interview: "Spot ETFs have opened the door for institutional capital to flow into the Bitcoin ecosystem. ETFs are facilitating the digital transformation of capital, with hundreds of millions of dollars moving from traditional analog systems into the digital economy every day. Bitcoin is an exit strategy."
Michael Saylor believes that Bitcoin's market cap, currently just over $1 trillion, is now competing with asset classes such as gold, real estate, and even the S&P 500 index—each of which has a market value many times greater than Bitcoin's. Yet he argues that Bitcoin as an asset is superior to all of them, making it unreasonable to sell under current circumstances.
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