Nate Geraci, a prominent figure in the investment advisory and exchange-traded fund (ETF) industry, has predicted that spot ethereum ETFs will start trading in the next two weeks. Geraci, who is the president of the ETF Store and co-founder of The ETF Institute, shared his anticipation with his 44,000 followers on X, stating that the week of July 15 is the probable listing time.
Over the past few days, Geraci has been actively discussing crypto assets and associated funds. On July 6, he revealed his purchase of bitcoin (BTC) and solana (SOL), while also mentioning that he holds ethereum (ETH). In another post, Geraci commented on BTC, describing it as a “future gold/store of value,” ETH as a “future tech/app store,” and SOL as having a place at the table too.
Geraci also talked about spot bitcoin ETFs, highlighting that more than 300 ETFs have launched in 2024, with the most successful ones being spot bitcoin ETFs. He emphasized that the leading ETFs, IBIT, FBTC, ARKB, and BITB, are far ahead of the rest. Addressing the spot ether ETF listings, Geraci offered a predicted date for their debut.
He stated, “I will be shocked if spot [ethereum] ETFs are not trading within the next 2 weeks… Later next week is a possibility, but I think the week of July 15th is more likely.” Geraci also mentioned that the price of ether has dropped by more than 20% since the surprise approvals in late May.
According to Geraci, spot ether ETF S-1 amendments are due tomorrow, and he is particularly interested in monitoring the fees associated with these amendments. He added, “Assuming issuers are gearing up for launch in the next week or two.” Meanwhile, the price of BTC has decreased by 1.4% in the past hour, and ETH is down 1.7% against the U.S. dollar.
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