Michael Saylor criticizes the SEC’s restrictive approach to the crypto industry
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MicroStrategy Chairman Michael Saylor called Bitcoin ETF approvals a turning point. Saylor noted on the “What Bitcoin Did” podcast that these approvals move Bitcoin from a multi-hundred-billion-dollar asset to a ten-to-one hundred-trillion-dollar asset The adoption of spot Bitcoin ETFs was the most significant event of this period, said Saylor. Bitcoin became a 10–100 trillion-dollar asset class at this point. He considers these certifications an important step for Bitcoin’s financial position.