MicroStrategy founder and leading Bitcoin advocate Michael Saylor has issued a strong message to the Bitcoin community in response to the US Securities and Exchange Commission (SEC)'s recent approval of spot Ethereum exchange-traded funds (ETFs).
Michael Saylor Posts “Bitcoin Godzilla” Message Following Ethereum ETF Approval
Saylor, a well-known long-term Bitcoin bull, shared his unwavering belief in Bitcoin's dominance on 'X'.
His message, dubbed “Bitcoin Godzilla”, suggested that Bitcoin will continue to outperform Ethereum and other cryptocurrencies in the market.
In a characteristically bold move, Saylor wrote: “When Godzilla comes, all your models disappear. #Bitcoin,” and shared an image of the famous movie monster Godzilla wreaking havoc.
The image also featured a small BTC mascot in the bottom right corner, symbolizing the immense power and market influence that Bitcoin enthusiasts like Saylor expect the cryptocurrency to have.
Supporting Saylor's views, Jan3 CEO and another staunch Bitcoin maximalist, Samson Mow, responded negatively to the Ethereum ETF approval.
“The odds of Spot Ethereum ETFs being approved were always 50/50,” Mow said, suggesting that the SEC approving Ethereum ETFs was almost inevitable due to regulatory pressures.
Mow reiterated his bearish stance on Ethereum, emphasizing that the ETF approval does not change his negative outlook on the cryptocurrency.
Earlier this week, Mow reinforced his position by tweeting that this was the last opportunity to sell ETH above 0.05 BTC.
*This is not investment advice.
