Replying to Avatar QW

Seems like there is a bum rush of ETF filings piggy backing Blackrocks.

First to market will have the most volume if other countries such as Canada are any guidance.
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JonOthen Suddenly 2y ago

See the GLD impact on Gold below

H/t Will Clemente

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QW 2y ago

Curious how correlated Bitcoin would be in that scenario considering there is no checks and balances on Gold supply / reserves like Bitcoin.

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JonOthen Suddenly 2y ago

Oh the gold market is totally manipulated, so it’s not apples to apples, for certain.

I was more so pointing to the growth in the underlying hood market once the ETF’s launched in 2006. Market cap exploded. This chart is prob better for that illustration