Bitcoin ETFs, the Elite, and a New Monetary System

Olegs Jemeljanovs, PhD, CFA
DataDrivenInvestor
Published in
2 min readJan 14, 2024

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Image by Mohamed Hassan from Pixabay

The U.S. Securities and Exchange Commission has approved new spot bitcoin exchange-trade funds (ETFs). Do you wonder why? And what can be expected in the future? Here is a short explanation.

The thing is that the U.S. dollar has lost 90% of its purchasing power since 1971 when the gold standard was finally abolished. Is it a sign of sound money?

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