ETF Store President: Shares of Treasury Companies Holding BTC and ETH Should Be Considered Cryptocurrency Derivatives and Carry Unique Risks
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According to ChainCatcher, Nate Geraci, President of The ETF Store, stated on social media that financial companies that simply purchase Bitcoin and Ethereum should actually be regarded as cryptocurrency derivatives and carry specific risks.
Geraci emphasized that the valuation models for these companies need to take into account their nature as cryptocurrency derivatives, and expressed surprise that this view remains controversial within the industry.
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