MicroStrategy's founder Michael Saylor has issued a strong message to the Bitcoin community following the approval of Ethereum ETFs.
Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin advocate, responded to the U.S. Securities and Exchange Commission's (SEC) recent approval of spot Ethereum exchange-traded funds (ETFs) with a powerful message to the Bitcoin community.Michael Saylor Issues "Bitcoin Godzilla" Message After Ethereum ETF ApprovalA well-known long-term Bitcoin bull, Saylor shared his unwavering belief in Bitcoin's dominance on 'X'.
In a message dubbed "Bitcoin Godzilla," he suggested that Bitcoin would continue to outperform Ethereum and other cryptocurrencies in the market.
In his characteristically bold manner, Saylor wrote, "When Godzilla arrives, all your models are destroyed. #Bitcoin," and shared an image of the famous movie monster Godzilla wreaking havoc.
The visual also featured a small BTC mascot in the bottom right corner, symbolizing the immense power and market impact 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.Mow suggested that the approval of Ethereum ETFs by the SEC was almost inevitable due to regulatory pressures, stating, "The likelihood of spot Ethereum ETFs being approved was always 50/50."
Mow reiterated his bearish stance on Ethereum, emphasizing that the ETF approval did not change his negative outlook on the cryptocurrency. Earlier this week, Mow reinforced his position by tweeting that it was the last chance to sell ETH above 0.05 BTC.