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Published 2 months ago

Michael Saylor Thinks Bitcoin ETFs Will Outshine Gold, Compete with S&P 500

Summary by Ground News

MicroStrategy's former CEO, Michael Saylor, foresees Bitcoin ETFs surpassing gold and potentially competing with the S&P 500 index. BlackRock's iShares Bitcoin Trust reached the top 0.2% of all such products last month. MicroStrategy stands as the world's largest corporate holder of Bitcoin, currently maintaining 193,000 BTC.

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Michael Saylor Thinks Bitcoin ETFs Will Outshine Gold, Compete with S&P 500

Saylor characterized ETFs as a "universal API," offering investors a seamless method to trade different funds, including Bitcoin.

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