Nate Geraci @NateGeraci
President @ETFStore, Host @ETFPrime, Co-Founder @ETF_Institute theetfeducator.com Kansas City Joined March 2012-
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My take on spot bitcoin ETF flows moderating & turning negative recently… IMO, this isn’t rocket science. via @niamhrowe7 fortune.com/crypto/2024/04…
This week's ETF buzz... theetfeducator.com/2024/04/27/etf…
I always ask the same simple question… Why is everyone so afraid of crypto? The obvious fear & skepticism is what actually makes me spend more time focusing here.
Feels like a lot of political strings being pulled vs crypto right now… Has always been the case, but seems to be intensifying. Wonder if popularity of spot bitcoin ETFs was catalyst. Historic demand caused some panic in DC.
Here we go again…
Interesting that @ethereumJoseph suggests SEC is attempting to justify blocking spot eth ETFs… Remember, SEC approved eth futures ETFs *long* after eth went to PoS. Will be fascinating to see SEC rationale if they deny spot eth ETFs in May.
Interesting that @ethereumJoseph suggests SEC is attempting to justify blocking spot eth ETFs… Remember, SEC approved eth futures ETFs *long* after eth went to PoS. Will be fascinating to see SEC rationale if they deny spot eth ETFs in May. https://t.co/r3zNlmbM8M
Here's the iShares Bitcoin ETF 71-day inflow streak in all of its glory... Was a good run. via @sidcoins
Reuters: SEC expected to deny spot ether ETFs next month… Issuers have had “discouraging meetings” w/ agency recently. One source: "It's entirely possible we'll eventually see ether ETFs. But not until somebody is denied and goes to the courts."
Know some of you annoyed w/ my constant crypto-related tweets… Just trying to follow the puck. IMO, crypto is here to stay. You may not like that. At this point, if you’re not *at least* paying attention, you’re basically still shopping at Blockbuster or posting on MySpace.
Hong Kong will have spot ether ETFs before US… In-kind creation/redemption too (which US still bafflingly doesn’t have in spot bitcoin ETFs). US needs to realize this is an innovation competition. A competition we are losing.
One of my favorite investing quotes… “Never invest in any idea you can’t illustrate with a crayon” – Peter Lynch
Update on Morgan Stanley potentially allowing their 15,000 brokers to solicit client purchases of spot btc ETFs… “We are going to make sure everybody has access to it. We just want to do it in a controlled way.” No view on price, but it’s still *so* early. via @advisorhubinc
What are the trends in #investor behavioral intelligence data? For the latest @ETFPrime, @Vetta_Fi's Saleem Khan reveals which asset classes investors embraced in March. Take a deep dive under the hood on all things data, and don't miss @StrategasRP's @verrone_chris discussing…
ETF structure can take nearly any asset class or investment strategy & make it conveniently accessible in a cost efficient manner… That’s the secret. It’s really that simple. And that’s before talking about things like tax efficiency, transparency, intraday tradability, etc.
I’m now fully recharged from spot btc ETF approval cycle… Time for spot eth ETF. We have broken structure in Grayscale’s ETHE, suboptimal eth futures-based ETFs, etc. You can buy eth on publicly-traded COIN & HOOD, paying hefty fees. No reason for spot eth ETF not to exist.
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769 Followers 561 Following@NateGeraci @niamhrowe7 Agree. Recent outflows like getting third out after scoring 12 runs in top of first inning.
I have a take. All green bottle beer is bad. All of it. There isn’t a single good green bottle beer. Fight me.
This is💯right… the first couple of months were a super heated upswing by “mostly” retail (401k’s, SEP’s, IRA’s) and not actual institutional buys. It takes 3-6 months of “due diligence” by the big money, the real institutional money to enter. Wave 2 is coming..
My take on spot bitcoin ETF flows moderating & turning negative recently… IMO, this isn’t rocket science. via @niamhrowe7 fortune.com/crypto/2024/04…
@NateGeraci @niamhrowe7 Yeah I’ll file money flowing in and out based on emotional reactions to price under “no shit”
@NateGeraci @niamhrowe7 ETFs are both a source of demand and supply (although the supply works best when its in kind create/redeem).
@NateGeraci Nate - It’s still so early and unknown. If you were to ask a middle aged couple to fund USDC then transfer via metamask to buy some Theta. And then stake it, they would tell me to F-off. Even thought there’s a ton of potential the only ones who get it are younger and ability…
@NateGeraci 1) I can send people money without having to go through the banking system 2) Im pulling money out of my bank checking/savings acct and putting it into higher yield crypto products. 3) Overall outflow from tradfi investments into crypto which major banks cant custody yet. If they…
@NateGeraci The technology in crypto has a real chance to change humanity for the better. The genie is out of the bottle and it's adoption is speeding up. It has legs and many think that the final fight until acceptance is knocking on our door here and now.
@NateGeraci Still the best tl;dr I've ever read x.com/neerajka/statu…
i’m sorry that your warrantless surveillance regime was built on the assumption that people would always need intermediaries to transact
@NateGeraci Governments, banks, middlemen. Anyone who generally needs to maintain visibility into financial holdings and the ability to extract a fee.
@NateGeraci Who’s saying they’re afraid of it? Question it’s legitimacy as an investment is just due diligence. There has been a lot of fraud and criminal activity so that’s concerning.
@NateGeraci You’re talking about human nature. What’s new is scary. That’s millions of years of evolution. That won’t change ever.
Hopefully most people will be led further down the crypto rabbit hole via the same reasoning as nate
@NateGeraci A permissionless, composable, decentralized system that can form consensus w/o an intermediary or centralized authority negates a lot of incumbents that have enjoyed the fruits of the current system for a long time.
@NateGeraci Two reasons imo, either they are afraid because: 1. They don't understand it. 2. They do understand it and realise it has the potential to shift power away from them.
@NateGeraci What drew me to dig deeper. The more the media, insiders, and politicians hate the more open minded I become