The President of The ETF Store: Spot Bitcoin and Ethereum ETFs Still Face Significant Regulatory Hurdles

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Bitget2024/08/07 01:03

Nate Geraci, President of The ETF Store, posted on platform X stating that spot Bitcoin and Ethereum ETFs still face significant regulatory hurdles: 1. Physical subscriptions and redemptions are not allowed; 2. Options trading is not permitted; 3. Pledging on spot Ethereum ETFs is not allowed. Despite this, these products have challenged and broken records in the ETF industry, which should indicate investor demand. In addition, BlackRock's ETHA has seen nearly $900 million inflow within two weeks, ranking among the top six ETFs launched in 2024.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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