Gold ETF History vs BTF ETF Potential (Patreon)
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In the realm of digital assets, Bitcoin has emerged as a formidable contender to traditional gold investments. Since the introduction of the first gold ETF, gold has experienced a significant 6.17x increase. At that time, gold had a market capitalization of $1.5 trillion.
Bitcoin, on the other hand, currently has a market cap of approximately $0.75 trillion, making it half the size of gold's pre-ETF market cap. Bitcoin's unique attributes, such as near-infinite divisibility and a limited supply, with only 6.7% remaining to be mined over the next 116 years, present a compelling case for its potential growth. These factors, combined with the scarcity of Bitcoin, suggest that its value is not yet fully realized, offering substantial potential upside for investors.
thanks Sanjay for the chart