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Spot Bitcoin ETFs have seen $235 million in net inflows this week, but BTC price failed to improve. Meanwhile, Spot Ethereum ETFs continued their outflow streak this week, dropping Ethereum price further below $2,430. ETFSwap (ETFS) remains the most promising investment opportunity for investors looking to make massive profits on their investments in Q4 2024.
ETFSwap (ETFS) To Provide Access To All Spot Bitcoin ETFs And Spot Ethereum ETFs
ETFSwap (ETFS) is a decentralized platform for tokenizing exchange-traded funds (ETFs). The institutional assets form a $10 trillion liquidity pool and are engaged in by thousands of institutional investors. ETFSwap levels the playing field by merging the $2.16 trillion crypto market with the ETF market. It helps crypto traders and institutional investors earn from the heightened liquidity and volatility.
ETFSwap collaborates with regulated investment banks in compliance with the Markets in Crypto-Assets regulatory framework. That allows it to offer highly liquid ETFs, such as Spot Bitcoin ETFs and Spot Ethereum ETFs, off a database of institutionally provided assets. This level of regulatory compliance is especially required in the current crypto legislative landscape in the US to protect investors.
ETFSwap’s revolutionary platform has been equipped with several features and tools to help make investors and traders profitable. It helps them get the most out of their experience trading Spot Bitcoin and Ethereum ETFs on the platform.
ETFSwap provides access to various liquidity pools. It also enables users to trade Spot Bitcoin ETFs and Spot Ethereum ETFs at a lower premium than other platforms. They can enjoy several token bonuses and airdrops. Moreover, they can earn by staking tokens in various ETF pools.
The financial sector is abuzz with excitement as ETFSwap approaches the completion of its platform. The team is now ready to give crypto traders and institutional investors access to its assortment of highly profitable assets. Many have taken to social media to express their great anticipation for the beta platform launch, which ETFSwap announced will arrive in a few days. This outpouring of support has also drawn greater attention to the ongoing ETFSwap (ETFS) token presale. It is currently in its third and final stage and will conclude in a few days.
Spot Bitcoin ETFs Inflows Not Strong Enough to Boost BTC Price; Spot Ethereum ETFs Continued Outflows Drop Ethereum Price Further
This week, Spot Bitcoin ETFs received $235.2 million in investment inflows. While investors expect the increased inflows to boost the BTC price, Bitcoin (BTC) still stands below the $62,500 mark. At the time of writing, the BTC price was $61,898.68. The current BTC price point marks a further 1.3% drop from yesterday’s and has investors wondering when the BTC price surge will finally happen.
Meanwhile, Spot Ethereum ETFs continued their outflow streak this week, with $8.1 million withdrawn from the ETFs yesterday. All 11 US Spot Ethereum ETFs did not see any action on Monday either. Meanwhile, Ethereum price is at $2,428.56, a 0.3% increase from yesterday. The development was welcome news for Ethereum investors as Ethereum’s price action has been lacking recently. In fact, the Ethereum price on October 1 was about 7% higher than the current Ethereum price.
Conclusion
ETFSwap’s token presale has seen incredible success so far, raising over $5 million in its first two stages. With the final presale phase concluding in a few days, the token is on track to raise $3 million more. Several leading analysts have also gauged the market sentiment toward ETFSwap and predicted that the token will surge 1,200x soon after the beta platform launch.
To position themselves for massive gains this Q4 2024 despite the sprawling BTC price and Ethereum price’s slow movement, investors should buy ETFSwap (ETFS) at its discounted cost of $0.03846. They must hurry as there remains a very small window before the presale concludes.
For more information about the ETFS Presale:
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