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<p><span style="font-weight: 400;">The launch of spot Bitcoin ETFs (exchange-traded funds) in the US and the rise of artificial intelligence (AI) will ignite a decade-long institutional “gold rush” for Bitcoin, said MicroStrategy co-founder Michael Saylor.</span></p> 
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 <p class="live-data__body_ptiYC up_kFsCg">Following the January launch of Bitcoin ETFs, BTC has begun a period of ”<span style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">high growth institutional adoption,” Saylor said at a conference on March 1.</span></p> 
 <p>“I think that we’re in the Bitcoin gold rush era,” he said. “It started in January of 2024 and will run until about November of 2034.”</p> 
 <p><span style="font-weight: 400;">By 2035, 99% of the leading crypto’s total supply will have been mined, which will then trigger another “growth phase” for Bitcoin, he added.</span></p> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="und" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> Now <a href="https://t.co/Tbp34ilW0t">pic.twitter.com/Tbp34ilW0t</a></p> 
  <p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1764641132191891847?ref_src=twsrc%5Etfw">March 4, 2024</a></p>
 </blockquote> 
 <p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
 <h2 id="span-style-font-weight-400-michael-saylor-says-bitcoin-etfs-provide-a-distribution-channel-span"><span style="font-weight: 400;">Michael Saylor Says Bitcoin ETFs Provide A Distribution Channel</span></h2> 
 <p><span style="font-weight: 400;">Saylor said that spot </span><a href="https://insidebitcoins.com/news/bitcoin-withdrawals-from-crypto-exchanges-surpassed-2-billion-in-a-day-as-bitcoin-surges-towards-new-ath"><span style="font-weight: 400;">Bitcoin</span></a><span style="font-weight: 400;"> ETFs are now providing a “distribution channel” for only around 10-20% of the investors currently interested in the crypto.</span></p> 
 <p data-ct-non-breakable="true">But the majority of banks and other wealth platforms will eventually be pressured into providing Bitcoin services because their biggest clients will demand it, and that wil<span style="font-weight: 400;">l open Bitcoin to 100% of investors, he said.</span></p> 
 <p>“When they can buy via their bank, their institutional wirehouse, their prime broker, they will make a $50 million decision in one hour,” he said.</p> 
 <p><span style="font-weight: 400;">There will come a day when Bitcoin “blasts past gold,” and the king of cryptos will experience more trading activity than the S&amp;P index ETFs, he added.&nbsp;</span></p> 
 <p><img decoding="async" src="https://academy-public.coinmarketcap.com/optimized-uploads/bd5be72c07a04cc2a65f3785c3bdc158.jpg" alt="Michael Saylor Stepping Down as MicroStrategy CEO... Kind Of | CoinMarketCap"></p> 
 <h2 id="span-style-font-weight-400-booming-ai-sector-will-increase-demand-for-btc-span"><span style="font-weight: 400;">Booming AI Sector Will Increase Demand For BTC</span></h2> 
 <p><span style="font-weight: 400;">The booming AI sector will also trigger an increased demand for <a href="https://insidebitcoins.com/news/morgan-stanley-considers-offering-bitcoin-etf-products-to-clients-signaling-opening-of-huge-institutional-market-coindesk-says">Bitcoin</a>, which will serve as the crucial “system of truth” on the internet as bad AI actors make their way online, he said.&nbsp;</span></p> 
 <p>“If you want to actually watermark, timestamp, cryptographically sign messages and documents and content, you’re going to need Bitcoin to do that as a system of truth,” he said.</p> 
 <p>“So I think AI will drive demand for Bitcoin in that way,” he added.</p> 
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Michael Saylor Says Bitcoin ETFs And AI Will Ignite A Decade-Long “Gold Rush” For BTC

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