According to Wu, TD Cowen analyst Lance Vitanza said in a report on Monday that BTC has great upside potential this month, and Michael Saylor's MicroStrategy (MSTR) stock may also rise with it and reach higher levels at the end of the year. He pointed out that May 15 is the deadline for institutional investment managers to submit Form 13-F to the SEC, and more companies may buy newly approved spot BTC ETFs in the first quarter. Another thing that may be good for Bitcoin is that the fate of the spot ETH ETF may be delayed until 2025 or longer.
