Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin advocate, has made a bold statement following the approval of spot Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Saylor, #BTC known for his strong belief in Bitcoin's supremacy, took to 'X' (formerly Twitter) to share his views, coining the term "Bitcoin Godzilla" to emphasize Bitcoin's dominant position in the cryptocurrency market. He implied that Bitcoin would continue to outperform Ethereum and other cryptocurrencies despite the approval of Ethereum ETFs.
Supporting Saylor's perspective, Samson Mow, CEO of Jan3 and another Bitcoin maximalist, also expressed a bearish outlook on Ethereum. Mow suggested that the approval of Ethereum ETFs was almost a certainty due to regulatory pressures and reiterated his negative stance on Ethereum, advising that the recent ETF approval does not alter his view on the cryptocurrency's future.
