ETF Store President Argues Bitcoin & Ethereum Treasury Stocks Should be Treated as Crypto Derivatives

Nate Geraci, president of The ETF Store, has expressed his belief that publicly traded companies holding Bitcoin (BTC) and Ethereum (ETH) should be classified as crypto derivatives, rather than traditional equities. He argues this classification carries unique risks due to the strong correlation between these firms’ valuations and underlying cryptocurrency performance. Geraci emphasized the special nature of these risks, stating that current valuation models are not adequately incorporating the derivative-like characteristics of these assets. ]