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<\/p>\nBitcoin just had its \u201cChatGPT moment.\u201d
\nChatGPT pulled in over 100 million monthly users in just two months of launching\u2026
\nMaking it the fastest-growing app of all time.
\nWithin one week of trading as an ETF, it is now the SECOND LARGEST commodity ETF — with $30 billion in assets under management (AUM).
\nFor perspective\u2026<\/p>\n
There’s $11 billion in all silver ETFs combined. And there’s $95 billion in all gold ETFs combined.
\nAlso, consider this:
\nIt took years for the SPDR Gold Trust (GLD) to hit $30 billion.
\nVanguard Total Stock Market ETF (VTI), which launched in 2001, took several years to reach $30 billion in AUM.<\/p>\n
Even other high-growth technology-focused ETFs, which have seen considerable interest due to the tech sector’s explosive growth, did not reach $30 billion in AUM within a week.
\nThese ETFs, although growing at a faster rate compared to some traditional sectors, still took years to accumulate such a substantial amount of assets.
\nEven crazier\u2026<\/p>\n
<\/p>\n
The total volume across 10 spot Bitcoin ETFs on January 16 outpaced the total volume for all 500 ETFs launched in 2023 more than three times over.
\n‘The Bitcoin ETF is like pickleball getting into the Olympics,\u201d said Eric Golden, founder of the cloud-based accounting firm Canopy. \u201cIt’s loud. It’s obnoxious. Some people hate it. But it is the fastest growing sport and the investing public wants exposure.\u201d
\nNow here’s where things get interesting.<\/p>\n
![\"The](\"https:\/\/i0.wp.com\/predictmag.com\/blog\/wp-content\/uploads\/2023\/09\/bitcoin-3134829_1280.jpg?resize=1200%2C800&ssl=1\")
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