TREE NEWS reports: Bitwise CEO Hunter Horsley said on X that global gold’s market size was about $2.5 trillion when gold ETFs launched in 2004, while Bitcoin’s total market was about $2 trillion when US spot Bitcoin ETFs launched in 2024. He drew the comparison to show both asset classes already carried substantial scale as ETF products entered the market. US spot Bitcoin ETFs were approved and listed in 2024.
Bitwise CEO: Gold and Bitcoin ETFs Both Launched With ~$2T Markets
Related Coin Charts
AI take
Horsley's framing is a scale argument, not a flow argument: it implicitly pushes back on the idea that Bitcoin ETFs arrived in a small, immature market, and places them alongside gold's ETF debut as a comparable institutional moment. The comparison says nothing about demand, holder base or liquidity, which are what actually determined gold ETF adoption over time. For RWA and crypto markets, the relevant question is whether Bitcoin ETFs follow gold's path of steady, sticky allocation or remain more reflexive and flow-sensitive; the durability of that parallel is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
10m ago
S&P 500 futures rise 0.6% to intraday high
12m ago
Changan Automobile October Sales Fall 16.23% to 233,200 Units
14m ago
Dow futures rise more than 1%
20m ago
SSE, CSI revise Hong Kong Stock Connect index methodology, excluding low-liquidity stocks
29m ago
Pop Mart Repurchases HK$49.5 Million of Shares on Nov 4
36m ago
US cloud computing stocks slip premarket: Coreweave -3.6%, Nebius -1%, Oracle -2%