20 year ago,  the SPDR Gold Shares ETF (GLD) launched on November 18, 2004

the price of gold was $400 an ounce at that time 

it was the first U.S. exchange-traded fund backed by physical gold, offering investors a way to gain exposure to gold prices without owning the metal directly

…  #Bitcoin https://image.nostr.build/d3356133ab5b74fbfa5f897d5ec5f49d0d5fd8844d585d5d61ee1f851d9aa1e3.jpg