- Michael Saylor makes a U-turn on ETH after ETF approvals.
- The executive said that the approval will further legitimize crypto assets.
MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval.
Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset class’ but ‘better’ for Bitcoin [BTC].
‘Is this good for Bitcoin or not? It’s good for Bitcoin. In fact, it may be better for Bitcoin because we’re politically much more powerful, supported by the entire crypto industry.’
The ‘politically more powerful’ phrase may refer to the current political changes triggered by crypto regulations, the passage of the US CBDC ban, and the FIT21 Act.
Michael Saylor added that the ETH ETF approval will further legitimize the crypto asset class.
Michael Saylor warm ups to ETH
Contrary to the above relative warm-up to…
