Nukkleus Inc (NUKK)

[ronkimoon]

In the wake of the recent approval of 11 Bitcoin ETFs in the US, I've been wondering about the potential ripple effects on Nukkleus specially considering their connection with Jacobi Asset Management. Some thoughts -

* The US taking this step is pretty significant in the world of crypto ETFs. But, what does this mean for Jacobi, and by extension, Nukkleus? Jacobi is quite a key player, holding the title of launching Europe's first Bitcoin ETF. However, this product is currently only available to institutional investors. If Europe starts opening up the market to retail investors, mirroring the US, Jacobi's ETF could see an uptick in accessibility and, potentially, in popularity.

* Now, onto Nukkleus. They've invested in Jacobi and have been diversifying into other areas of blockchain and fintech. This strategic positioning could really pay off if Jacobi's ETF gains traction. Plus, there's a notable link between the two companies through Jamie Khurshid, who plays significant roles in both.

* Given the current market dynamics, with the US having a head start in ETF numbers compared to Europe, the potential growth for a company like Jacobi in a less saturated market is worth considering. And since Nukkleus is tied to Jacobi's fortunes, this could be an interesting development for us as followers and potential investors in Nukk.

Keen to hear more thoughts on this. Not financial advice...