Can Bitcoin ETF Replicate Wall Street S&P 500’s Landmark Success?

• Natalie Brunell and Michael Saylor believe Bitcoin will be the standout asset of 2024.
• Factors to catalyze Bitcoin’s anticipated success include Bitcoin spot ETF and halving.
• Brunell sees the spot Bitcoin ETF replicating the landmark success witnessed in the inception of the S&P 500 ETF.

In a recent interview with Fox Business News, Natalie Brunell of Coin Stories Podcast argued the prospects of Bitcoin becoming the standout asset of 2024, a view the billionaire Bitcoin investor Michael Saylor of MicroStrategy consented to.

The conversation opened with concerns about the recent pullback in the crypto market. Brunell characterized it as a healthy pullback. In parallel, she highlighted Bitcoin’s impressive performance, noting it has surged 60% in the last three months and over 150% throughout 2023.

Regarding factors to catalyze Bitcoin’s anticipated success in 2024, she cited the “imminent” approval of a spot Bitcoin exchange-traded fund (ETF). Brunell stressed that regulatory bodies and issuers have been actively engaged in Bitcoin-rel…

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