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Michael Saylor It may seem comfortable now due to the wider cryptocurrency ecosystem rise and acceptance, but a little more than a year ago it was a little obedient Bitcoin (Crypto: BTC) Maximalist.
He rejected such things at the time Ethereum (Crypto: Eth), Solana (Crypto: Sol) and XRP (Crypto: XRP), predicting that Wall Street will never accept anything for Bitcoin.
Over Microstrategy World: Bitcoin Corporations 2024. May The event, Saylor, said no other token would reach institutional admissions this decade.
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“You could see writing on the wall when January was approved by Bitcoin point ETF. By the end of May, you will know that Ethereum will not be confirmed. ” Strategy Inc; (Nasdaq: MSTR) founder stated.
He predicted that Ethereum, along with Solana, XRP and other Altcoins, would eventually be considered securities.
“Neither of them will never be wrapped in point ETF. Neither of them accepts Wall Street. Neither of them accepts the basic institutional investors as cryptocurrency assets,” Saylor made a broad statement.
But Saylor was extremely wrong.
Later that month, the SEC confirmed not only the Spot Ethereum ETF, but also the acceleration of similar investment products linked to other Altcoins, increased by increasing, due to the emergence of the KriptocerRENRENRENRENRENRENRENRENRENRENRENCation administration headed by the President Donald Trump.
Since the list, nine ETFs have attracted $ 12.84 billion cash in cash and $ 27.73 billion in total assets based on SOSO data.
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Also, several Spot ETF programs that focus on solana, XRP and equal Dogecoin (Crypto: Doge) were placed on sec. The financial names of big tickets such as GrayIs it 21hares and FaithfulnessThrowing the hat into the ring.
In addition, Saylor’s popularized cryptocurrency treasury game quickly spread to other coins. According to Cingerko, more than $ 15 billion ETH purchased companies for treasurers and Sol’s oriented companies have invested nearly $ 1.4 billion.
When everything changes quickly around him, Saylor chose a more appropriate image. During the last month’s interview, he said the growing interest in the Treasury is “useful for all” digital property space.
Photo courtesy: Volodymyr Maksymchuk On Shutterstock.com
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This article Michael Saylor’s Bitcoin prophecy is not aging as Wall Street includes $ 27 billion dollars on Ethereum ETFS, Buzz accumulates around XRP and even Dogecoin initially appeared on bezinga.com