Ronald Kaufman Profile picture
Jan 11, 2024 9 tweets 3 min read Read on X
Why i'm following $NUKK in light of the recent US Bitcoin ETF approvals #NotFinancialAdvice Image
The US recently approved 11 bitcoin ETF's fir the first time ever. This is big! but back in August, #Jacobi Asset Management Launch Europe's First Bitcoin ETF. Right now the US has 11, All of europe only has 1! $NUKK
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But!!! - Jacobi until now has only been approved for institutional investors, not retail investors. On the other hand, the US has just approved 11 ETF's for everyone to invest it if I understand the situation correctly $NUKK Image
Back to Jacobi - The SEC is notoriously the most stringent securities regulation body in the world. If they approved bitcoin ETF's for retail investors already, one could speculate that europeans may start to do so as well. In other words they could benefit from a massive growth in market size $NUKK
How does this connect to Nukkleus - $NUKK owns a chunk of Jacobi (since 2021), alongside a bunch of other really impressive regulated blockchain and fintech operations like DRFQ (multi billion dollar potential b2b payments system). Image
Not to mention - the connections between $NUKK and #Jacobi are strong - Jamie Khurshid is the founder of Jacobi, and also the COO of $NUKK (!) - maybe this could signal more collaborations in the future? Image
There is now an inflation of crypto ETF's in the US. There's only 1 in Europe. US markets may have already priced in the US Etf news, but not potentially future European news. And again, #NUKK seems like the only way to gain access to this huge treasure trove of opportunities. And again, there are already 11 in the US, only 1 for all of europe - meaning its growth potential is much bigger. And who knows, maybe they could expand to the US?Image
DISCLAIMER - none of this is financial advice. I am a commercial blogger and fintech fan and am not qualified to give any financial advice on anything. This is extremely speculative and you should not base any decisions on this. Image
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