Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

2025-05-12

Solana (SOL) ready for taking off – Bulls prepares for rally reboot

2025-05-12

Kalps integrates with ENI to promote blockchain -innovation and RWA -Tokenization

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Kalps integrates with ENI to promote blockchain -innovation and RWA -Tokenization

    2025-05-12

    EMC protocol joins Dagama to restore confidence in Real-World reviews

    2025-05-11

    Stability World AI and Web3 decision unite to reform the confidence in decentralized ecosystems

    2025-05-11

    DAC and Origo Partner to transform health care via Web3 Innovation

    2025-05-11

    Tether to make non-right wallet template: Details

    2025-05-11
  • NFT

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

    2025-05-12

    Bitcoin Price Breakout Brewing: Has a huge rally just started?

    2025-05-11

    This is what a comeback could activate for Bitcoin and Crypto, according to investor than Tapiero

    2025-05-11

    XRP has to close above these price levels to make Beararish forecast invalid

    2025-05-11

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»Will There Ever Be Other Crypto Spot ETFs in the US?
Web 3

Will There Ever Be Other Crypto Spot ETFs in the US?

2024-05-02No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL; DR

Full story

“It is quite clear that Bitcoin is the only crypto asset that will be approved for sale in the United States in the form of a spot ETF.”

These are the words we heard from MicroStrategy (MSTR) founder and executive chairman Michael Saylor during their quarterly earnings call yesterday.

That statement may ultimately be true; but it should also be taken with a large grain of salt.

Why? Did we mention that MSTR owns 214,400 BTC? That’s worth ~$13 billion USD at current prices.

But regardless of any bias, Saylor power ultimately right…

Bitcoin is the original cryptocurrency – it’s slow and inefficient, but boy is it not safe!

We know there is a lot of discussion about price fluctuations for BTC (we already literally referenced its USD value in this article), but BTCs Real unique value proposition has nothing to do with the fact that it could increase in value.

(That’s a byproduct of the real value proposition).

BTC is unique because it is simply the oldest, most secure, store of value that exists in crypto.

Certainly, people are trying to build smart contracts on top of the Bitcoin network and some have even proposed rollups.

But honestly, none of that matters much. Ask any Bitcoin maxi and they will tell you that BTC is like digital gold.

It is important that the world has an alternative currency to the US dollar because, as Jerome said yesterday, “inflation is still higher than expected” and that is probably due to the fact that more USD can be printed at any time .

See also  MiamiWeb3: A Bridge for Gathering All Hands to Build the Future of Web3

Unlike Ethereum, Solana, or any other altcoin, Bitcoin has one main purpose: to be a digital store of value.

And on that note, Michael Saylor may be right when he says this is the only cryptospot ETF ever approved in the US.

Let’s reassess in a few years 👴

Source link

Crypto ETFs Spot
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

2025-05-12

Simplify the participation of Onchain with .depin & .xyo

2025-05-12

This is what a comeback could activate for Bitcoin and Crypto, according to investor than Tapiero

2025-05-11

What is the best crypto to buy now? It’s not BTC, ETH or XRP – It only costs $ 0.025

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Ethereum price increases: recovery in full swing

2025-01-16

Raydium Gains 62% in 8 Days – Can RAY Successfully Reach $8?

2025-01-21

Bitcoin is about over -selling levels, analyst warns that this is arary, not bullish

2025-04-18
Editors Picks

PUMA goes for Phygital and sells 16K Blockchain-linked shoes built on Avalanche

2023-11-25

Analyst predicts XRP to rise to $ 9- $ 10-here is why

2025-03-23

Download the Unstoppable Snap to solve domains in MetaMask!

2024-10-25

Why Bitcoin fell to $96,000 after the US economic report

2025-01-08
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Brian Armstrong says that Coinbase considered placing 80% of the balance in crypto, but decided to be against it: report

Solana (SOL) ready for taking off – Bulls prepares for rally reboot

Kalps integrates with ENI to promote blockchain -innovation and RWA -Tokenization

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,539.460.96%
  • ethereumEthereum(ETH)$2,561.463.73%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.423.06%
  • binancecoinBNB(BNB)$662.951.18%
  • solanaSolana(SOL)$177.632.88%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2467057.85%
  • cardanoCardano(ADA)$0.835.29%
  • tronTRON(TRX)$0.2674282.53%
  • suiSui(SUI)$4.226.80%
  • chainlinkChainlink(LINK)$17.617.67%
  • piPi(PI)$1.6075.08%
  • avalanche-2Avalanche(AVAX)$26.448.47%
  • shiba-inuShiba Inu(SHIB)$0.0000177.46%
  • stellarStellar(XLM)$0.3150034.07%
  • hedera-hashgraphHedera(HBAR)$0.2163975.99%
  • the-open-networkToncoin(TON)$3.505.04%
  • hyperliquidHyperliquid(HYPE)$25.165.06%
  • polkadotPolkadot(DOT)$5.316.78%
  • bitcoin-cashBitcoin Cash(BCH)$414.991.71%
  • litecoinLitecoin(LTC)$102.872.63%
  • unus-sed-leoUNUS SED LEO(LEO)$8.340.58%
  • moneroMonero(XMR)$348.198.98%
  • pepePepe(PEPE)$0.00001515.89%
  • bitget-tokenBitget Token(BGB)$4.943.78%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.202.91%
  • bittensorBittensor(TAO)$475.607.06%
  • nearNEAR Protocol(NEAR)$3.273.21%
  • aptosAptos(APT)$6.094.42%
  • ondo-financeOndo(ONDO)$1.097.09%
  • aaveAave(AAVE)$225.113.72%
  • kaspaKaspa(KAS)$0.12875623.44%
  • okbOKB(OKB)$55.56-0.27%
  • internet-computerInternet Computer(ICP)$6.029.10%
  • ethereum-classicEthereum Classic(ETC)$20.554.77%
  • vechainVeChain(VET)$0.0333829.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.184.70%
  • render-tokenRender(RENDER)$5.426.23%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2641662.38%
  • mantleMantle(MNT)$0.815.32%
  • crypto-com-chainCronos(CRO)$0.1021423.75%
  • gatechain-tokenGateToken(GT)$21.96-0.92%
  • ethenaEthena(ENA)$0.4281409.84%
  • arbitrumArbitrum(ARB)$0.4650551.88%
  • filecoinFilecoin(FIL)$3.264.40%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.905.36%
  • usd1World Liberty Financial USD(USD1)$1.000.12%
  • bitcoinBitcoin(BTC)$104,539.460.96%
  • ethereumEthereum(ETH)$2,561.463.73%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.423.06%
  • binancecoinBNB(BNB)$662.951.18%
  • solanaSolana(SOL)$177.632.88%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2467057.85%
  • cardanoCardano(ADA)$0.835.29%
  • tronTRON(TRX)$0.2674282.53%
  • suiSui(SUI)$4.226.80%
  • chainlinkChainlink(LINK)$17.617.67%
  • piPi(PI)$1.6075.08%
  • avalanche-2Avalanche(AVAX)$26.448.47%
  • shiba-inuShiba Inu(SHIB)$0.0000177.46%
  • stellarStellar(XLM)$0.3150034.07%
  • hedera-hashgraphHedera(HBAR)$0.2163975.99%
  • the-open-networkToncoin(TON)$3.505.04%
  • hyperliquidHyperliquid(HYPE)$25.165.06%
  • polkadotPolkadot(DOT)$5.316.78%
  • bitcoin-cashBitcoin Cash(BCH)$414.991.71%
  • litecoinLitecoin(LTC)$102.872.63%
  • unus-sed-leoUNUS SED LEO(LEO)$8.340.58%
  • moneroMonero(XMR)$348.198.98%
  • pepePepe(PEPE)$0.00001515.89%
  • bitget-tokenBitget Token(BGB)$4.943.78%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.202.91%
  • bittensorBittensor(TAO)$475.607.06%
  • nearNEAR Protocol(NEAR)$3.273.21%
  • aptosAptos(APT)$6.094.42%
  • ondo-financeOndo(ONDO)$1.097.09%
  • aaveAave(AAVE)$225.113.72%
  • kaspaKaspa(KAS)$0.12875623.44%
  • okbOKB(OKB)$55.56-0.27%
  • internet-computerInternet Computer(ICP)$6.029.10%
  • ethereum-classicEthereum Classic(ETC)$20.554.77%
  • vechainVeChain(VET)$0.0333829.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.184.70%
  • render-tokenRender(RENDER)$5.426.23%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2641662.38%
  • mantleMantle(MNT)$0.815.32%
  • crypto-com-chainCronos(CRO)$0.1021423.75%
  • gatechain-tokenGateToken(GT)$21.96-0.92%
  • ethenaEthena(ENA)$0.4281409.84%
  • arbitrumArbitrum(ARB)$0.4650551.88%
  • filecoinFilecoin(FIL)$3.264.40%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.905.36%
  • usd1World Liberty Financial USD(USD1)$1.000.12%