Michael Saylor: The demand for Bitcoin ETF is ten times the supply
MicroStrategy founder Michael Saylor stated that the long-term lack of Bitcoin products for retail investors has suppressed the demand for Bitcoin. However, the recent listing of spot ETFs on Bitcoin exchanges has released this demand and is driving up the price of Bitcoin. According to Michael Saylor, the demand for Bitcoin products is ten times its supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Trending news
MoreCrypto prices
More
