
Michael Saylor, executive chair of MicroStrategy, has made a significant prediction regarding the future classification of several major cryptocurrencies, including Ethereum (ETH), Binance Coin (BNB), Solana (SOL), Ripple (XRP), and Cardano (ADA). Saylor asserts that the U.S. Securities and Exchange Commission (SEC) will classify these cryptocurrencies as securities rather than commodities this summer. This classification could have profound implications for their acceptance by institutional investors and their eligibility for inclusion in spot Exchange-Traded Funds (ETFs). Saylor's statements indicate a skeptical stance from Wall Street, suggesting that these cryptocurrencies will never be accepted by institutional investors.
.@saylor predicts #SEC will deny #Ether and other major tokens spot ETFs, labeling them as securities, not commodities. He warns Wall Street and institutional investors may never embrace these as crypto assets. https://t.co/tH9H4EYGTz
#Ether may face @SECGov classification as a security, with spot ETFs denied, according to @saylor's speculation. Do you agree? 🤔 https://t.co/IEgjXIB0aX
Bitcoin maxi Michael Saylor opined that several crypto altcoins, like Ethereum and Ripple, will not achieve institutional acceptance this decade https://t.co/GeosK0yX2F


