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Former CEO of MicroStrategy, Michael Saylor, believes that the SEC will classify Ethereum as a security this summer and reject the corresponding applications for spot ETFs. In his opinion, only BTC has full institutional recognition, calling it the “only universal” institutional-level crypto asset
He believes that other cryptocurrencies will also receive unregistered status, including BNB, Solana, XRP, and Cardano. “None of them will be wrapped by a spot ETF, none of them will…