MicroStrategy holds ~153k #Bitcoin. Even though they are the largest institutional holder in the world, I wouldn’t put it past some of the institutions filing for ETFs to see this as the standard.
If all of the ETFs get rejected I’m expecting some discounts brought to you by weak hands, while I do think this could be a great catalyst, some people treat it like it’s a make or break event for #BTC.
It’s not. It’s eventually inevitable, and just a piece of the puzzle. 