coindesk
'Debaser Trade' in Full Force as Bitcoin and Gold ETFs Rank in Top 10 for Volume
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Bitcoin
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TL;DR
Bitcoin and gold ETFs, including BlackRockβs iShares Trust and SPDR Gold ETF, are experiencing high trading volumes, indicating strong interest in the 'debasement trade'. Comedian Dominic Frisby notes the rise of bitcoin and gold due to their immunity to government debasement, with silver also surging alongside gold.
Summary
Bitcoin and gold ETFs, including BlackRockβs iShares Trust and SPDR Gold ETF, are experiencing high trading volumes, indicating strong interest in the 'debasement trade'. Comedian Dominic Frisby notes the rise of bitcoin and gold due to their immunity to government debasement, with silver also surging alongside gold.
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