vikipiki on Nostr: When the Gold ETF was approved in 2004, there was an 8 year bull run. Yet, it took ...

When the Gold ETF was approved in 2004, there was an 8 year bull run.
Yet, it took the Gold ETF more than 800 days to reach what BlackRock's #Bitcoin ETF (in AUM) achieved in just over 70 days.
What does this mean?
Demand for bitcoin is much greater (than gold in 2004) with supply being much more scare.
This is just the beginning...