Jimmy Floyd on Nostr: 🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in just 10 months of ...
🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in just 10 months of trading
With $70B poured into Bitcoin ETFs in 2024, they're already rivaling the $138B held across 35 U.S. Gold ETFs — which, had a 20-year head start since their launch in 2004.
ETF to market cap ratio shows how much demand there is for BTC
$70b - $1.4T
$140b - $18T
Published at
2024-11-01 20:49:18Event JSON
{
"id": "b4c3c10ad6f27213bbfb057b928a34abf0168c041266f73478bfafdad4929f4f",
"pubkey": "aeaa471a6d5470f90a3117f65416122fbd9b1b6ed8a94756a8d20b85580ff6e1",
"created_at": 1730494158,
"kind": 1,
"tags": [],
"content": "🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in just 10 months of trading\n\nWith $70B poured into Bitcoin ETFs in 2024, they're already rivaling the $138B held across 35 U.S. Gold ETFs — which, had a 20-year head start since their launch in 2004.\n\nETF to market cap ratio shows how much demand there is for BTC\n\n$70b - $1.4T\n\n$140b - $18T",
"sig": "c94f86bf560b39ff9346dd4242a6db0b98c1122d941f07d655640668bdd35bb3f53337b9cbf0b33861b0a106ee230b1cfe093d775a53f7c644484176c398c00d"
}
