When the Gold ETF was approved in 2004, there was an 8 year bull run.
Yet, it took the Gold ETF more than 800 days to reach what BlackRock's #Bitcoin ETF (in AUM) achieved in just over 70 days.
What does this mean?
Demand for bitcoin is much greater (than gold in 2004) with supply being much more scare.
This is just the beginning...
vikipiki /
npub1wwu…xshk
2024-04-30 16:33:31
Author Public Key
npub1wwu2skq230lxnxk3yuurrwtg6pz3pmgffdcl77rapcyudfy6n5qsvdxshkPublished at
2024-04-30 16:33:31Event JSON
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"pubkey": "73b8a8580a8bfe699ad1273831b968d04510ed094b71ff787d0e09c6a49a9d01",
"created_at": 1714487611,
"kind": 1,
"tags": [
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"content": "When the Gold ETF was approved in 2004, there was an 8 year bull run.\nYet, it took the Gold ETF more than 800 days to reach what BlackRock's #Bitcoin ETF (in AUM) achieved in just over 70 days.\nWhat does this mean?\nDemand for bitcoin is much greater (than gold in 2004) with supply being much more scare.\nThis is just the beginning...",
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}