Vitanza also brought up another occurrence that could have a favorable impact on Bitcoin and, consequently, on MicroStrategy. This pertains to the SEC’s disapproval of a spot Ethereum ETF, an event that has been eagerly awaited by many individuals in the industry. Vitanza asserts that this development holds significance because although the future of Ethereum remains uncertain until 2025 or possibly even longer, there is a considerable amount of capital poised, awaiting the declaration of a digital champion. Should Bitcoin emerge as the ultimate victor, the demand for it could soar, especially considering the recent halving of block rewards, resulting in a potentially dramatic surge in value.
