Nate Geraci released five things to pay attention to this week about BTC spot ETF

Nate Geraci, President of registered investment advisor The ETF Store, posted on social media about the five things to watch this week regarding spot BTC ETFs:

1) Disclosure of remaining fees, especially those from BlackRock and Grayscale. In this competition, the importance of fees cannot be overstated. Currently Fidelity is leading with 0.39%. Invesco is at 0.59% (although it has waived the fee for the first six months).

2) Apparently, a vote by the U.S Securities and Exchange Commission (possibly on Wednesday), SEC's Trading and Markets Division must approve 19b-4s (changes in trading rules). The company's finance department must sign off on S-1(registration statement). The key is approval order 19b-4 which I am expecting.

3) It’s possible that an ETF will launch on Thursday. If so, what types of investors are ready? Rumor has it that BlackRock will invest $2 billion. What would Fidelity and Invesco bring? ARK could buy over $200 million to replace GBTC in ARKW.

4) Will GBTC convert/list on the same day others launch? There are signs they might do so (based on executives' tweets, documents and general actions/information). With GBTC currently holding $27 billion in assets, it holds a significant advantage. After launching it would automatically enter into top 60 ETFs by asset management scale.

5) Blitz marketing: We've already seen previews from Bitwise, Hashdex and VanEck; what have BlackRock(Fidelity), Invesco(ARK), Grayscale prepared? Advertising rules for Rule 33(spot BTC ETF structure) are more restrictive.