**MicroStrategy Co-Founder Predicts Ethereum ETFs Will Boost Institutional Adoption**
Michael Saylor, co-founder of MicroStrategy, expressed optimism about Ethereum exchange-traded funds (ETFs) on the 'What Bitcoin Did' podcast, predicting they will significantly boost institutional cryptocurrency adoption. Saylor believes mainstream investors may increase their crypto portfolio allocation from 1% to 5-10%, with Bitcoin comprising up to 70% of that. Despite initial skepticism about Ethereum's acceptance on Wall Street, Saylor now sees its potential following the surprising approval of several Ethereum ETF listings by the U.S. Securities and Exchange Commission. These ETFs are expected to meet around 25% of the demand for Bitcoin ETFs.
