The ETF Store President: Spot ETFs Are Not "Greater Fool," BTC and ETH Both Show Significant Gains

ChainCatcher news, The ETF Store president Nate Geraci stated that some have referred to cryptocurrency spot ETFs as "liquidity catchers," but the data shows otherwise. When the Bitcoin spot ETF launches in January 2024, the price was $47,000, and it has now risen to $123,000; the Ethereum spot ETF launched in July 2024 at a price of $3,500, and it has currently increased to $4,700.