In an interview with Yahoo Finance, Michael Saylor, executive chairperson of MicroStrategy, said the bitcoin strategy was simple: "I've been saying every day for the last four years buy bitcoin, don't sell bitcoin, just keep buying BTC with your spare cash and it will always appreciate against the dollar." Michael Saylor believes bitcoin should be part of a long-term investment portfolio and recommends investing unwanted funds in cryptocurrencies for four to ten years.
Yahoo Finance said that despite the recent price slump, "institutional and retail interest in bitcoin ETFs remains strong".
According to Yahoo Finance data compiled by The Block Pro Research, less than an hour after the listing, the trading volume of spot Ethereum ETFs reached $205 million, and 75 minutes after the opening, the trading volume of these funds reached $300 million.