According to Odaily Planet Daily, former president of The ETF Store, Nate Geraci, stated that some people have claimed that crypto spot ETFs are "liquidity takers," but data shows otherwise. The Bitcoin spot ETF launched in January 2024 at a price of $47,000 and has now risen to $123,000. The Ethereum spot ETF launched in July 2024 at a price of $3,500 and has now risen to $4,700.