Michael Saylor: Demand for Bitcoin spot ETF far exceeds supply.
BlockBeats news on February 13th, MicroStrategy founder Michael Saylor stated in an interview with CNBC that the lack of Bitcoin products for retail investors has suppressed the demand for Bitcoin in the long run. The recent listing of Bitcoin spot ETFs has released this demand and is pushing up the price of Bitcoin. Michael Saylor stated that the purchasing demand for Bitcoin spot ETFs is ten times its natural supply.