Michael Saylor, the former chief executive and the Executive Chairman of MicroStrategy, made a bold statement regarding the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) in the United States. The Bitcoin enthusiast claims that the BTC ETF is the biggest development on Wall Street since the introduction of the S&P 500 index fund.

“It’s not unreasonable to suggest that this may be the biggest development on Wall Street in 30 years,” Saylor said in an interview with Bloomberg on December 19, while adding:

“The last thing that was this consequential was the creation of the S&P index and the ability to invest in all 500 S&P companies via one trade at the same… Read more on bitcoinnews