Event JSON
{
"id": "405d7f62086d0115d84817cf57afdf830644dd5d39337e29c99bdb476465ce96",
"pubkey": "cd0f46d2bba320459cb6f9aad85bd5d838dc49973b972f1cbaaaef9c625450a3",
"created_at": 1704751971,
"kind": 1,
"tags": [
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"imeta",
"url https://image.nostr.build/e5c39bcdb99b147a77d79e751498a301a63e2562dbd49bda232c06ab870eee6e.png",
"blurhash eDQ,L1IU-;?bt700j[RjWBt7M{WBj[ofWBD%ofj[j[ay4nofWBWBj[",
"dim 786x553"
],
[
"imeta",
"url https://image.nostr.build/28a009c53b056bfade15a3347908edd6164b1e720ce5c30ce0f3703dc4c5149b.jpg",
"blurhash eVQT4Lt7?bNFoftQofRka{Rj~qIUD%xbbFIBWnxuafxuD%s;xuRjn,",
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],
[
"t",
"bitcoinetfs"
],
[
"t",
"gold"
],
[
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],
[
"t",
"hodl"
],
[
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],
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],
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"content": "As I think about the impact of the coming #BitcoinETFs here are some numbers.\n\n1) #Gold ETF penetration\n2) #Bitcoin EXISTING supply (#HODL and On Exchange Balances)\n3) #Bitcoin NEW supply (which halves in April '24)\n\nInteresting to contemplate what may happen if/when approved.\n\nThe last time an existing 'asset class' became ETF eligible (November 2004) the price of #Gold AND assets under management within those ETFs both went up...A LOT.\n\nCould #Bitcoin experience something similar as an entirely new investor class can now allocate to it easily? https://image.nostr.build/e5c39bcdb99b147a77d79e751498a301a63e2562dbd49bda232c06ab870eee6e.png https://image.nostr.build/28a009c53b056bfade15a3347908edd6164b1e720ce5c30ce0f3703dc4c5149b.jpg ",
"sig": "9ea164cb28ba19d75fbe31459a25d95468dafbb4854d53d7c400cc32f7cb10e835659b4ca5021ebe347046e20ab79a19ccc81517ea28d397f5724ecd84752569"
}