BTC ETF vs. Gold ETF đ§
#EricBalchunas compared the inflow into
#BTCETFS with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months,
#BTCâ ETFs have attracted $17.7 billion, representing 5% of BTC's market capitalization.
In comparison, Gold ETFs account for only 1% of gold's
#marketcap . đ
Gold took 22 years to reach this level, while
$BTC achieved it in just 9 months. đ
But let's be realâgold has a much bigger market cap. For now đ.
#DODOEmpowersMemeIssuance