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Former The ETF Store President: Spot ETFs are not 'bottom fishers', BTC and ETH see significant gains

Summary: In a recent statement, former The ETF Store President Nate Geraci stated that some have referred to cryptocurrency spot ETFs as 'bottom fishers', but data shows otherwise. The price of Bitcoin spot ETF, launched in January 2024 at $47,000, has now risen to $123,000; while the Ethereum spot ETF, launched in July 2024 at $3,500, ...

In a recent statement, former The ETF Store President Nate Geraci stated that some have referred to cryptocurrency spot ETFs as 'bottom fishers', but data shows otherwise. The price of Bitcoin spot ETF, launched in January 2024 at $47,000, has now risen to $123,000; while the Ethereum spot ETF, launched in July 2024 at $3,500, has now surged to $4,700.

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