bitcoinlimit on Nostr: It’s the most successful ETF launch in history. In about a year since its ...
It’s the most successful ETF launch in history. In about a year since its inception, it has nearly doubled the gold ETF in terms of net assets held. This signals massive mainstream interest. Are they long-term investors, short-term traders, or day traders looking for quick wins? Only time will tell. But one thing is certain: Bitcoin is the most liquid and borderless asset, traded 24/7. Imagine selling a 5th ave building worth $5 billion over the weekend in a matter of hours, if not minutes. This characteristic of Bitcoin itself is enough to attract big capital globally, which is incredibly bullish IMO, from the trading perspective. We already know its worth as a store of value, and inflation-hedge so no need to mention that part.
Published at
2024-12-18 15:26:11Event JSON
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