Compares Bitcoin ETF flows and AUM growth to the historical trajectory of gold ETFs (GLD launch in 2004). Provides context for the pace of institutional adoption.
Bitcoin ETFs reached certain AUM milestones faster than gold ETFs did, suggesting stronger institutional demand. Trajectory comparison helps project future growth.
Extends the Stock-to-Flow model to compare Bitcoin's scarcity with traditional commodities like gold and silver. Places Bitcoin on the same valuation framework as precious metals.
Total global money supply (M2) across major economies (US, EU, Japan, China, UK). Bitcoin has historically correlated with global liquidity expansion and contraction.
Key US economic indicators including Fed Funds rate, CPI/inflation, employment data, and yield curve. These macro factors significantly influence Bitcoin's price environment.
Compares Bitcoin's performance against the Magnificent Seven tech stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla). Popular institutional comparison metric.