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Michael Saylor, the CEO of Microstrategy in the latest tweet has shared his bullish prediction on Bitcoin amidst the SECs approval of BTC ETFs options. He shared that the approval of options for IBIT will accelerate institutional Bitcoin adoption. On Friday, the U.S. Securities SEC approved the listing and trading of options for BlackRock’s spot Bitcoin ETF on the Nasdaq. Saylors forecast was posted in reaction to a thread by Eric Balchunas. However, Balchunas stressed that this will be followed by other regulatory decisions and the actual listing will take more time.
