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Nate Geraci expects spot
$ETH
ETF to launch the week of July 15. Issuers will update Forms S-1 by July 8. Final versions of Forms S-1 are likely to be filed on July 12
#ETH_ETFs_Approval_Predictions
#NateGeraci
#SECCryptoAccounting
#ETHETFsApproved
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CryptoQuant: the number of $BTC on OTC wallets is the maximum since June 2022. Historically, an increase in the number of BTC on OTC wallets has been accompanied by a decline in the value of Bitcoin. OTC Bitcoin trading balances for miners have increased by more than 70% over the past three months, rising from 215,000 $BTC in June to 368,000 $BTC in August - an increase of 153,000 BTC. These balances haven't reached these levels since June 2022. Miners often resort to over-the-counter (OTC) transactions to sell Bitcoin, seeking better execution without affecting the market price as they would on exchanges. #BTC☀ #Miners #wallets #bitcoin☀️
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