BTC ETF vs. Gold ETF 🧐
#EricBalchunas compared the inflow into #BTCETFS with Gold ETFs, highlighting that these assets are often used for diversification.
In just 9 months, #BTC☀ 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 . 👀
Gold took 22 years to reach this level, while $BTC achieved it in just 9 months. 🚀
But let's be real—gold has a much bigger market cap. For now 😉.
