The cryptocurrency community has seen how Spot Bitcoin ETsF has impacted the growth of Bitcoin (BTC) since its approval, and is expected to have more of an impact as investment volumes have grown significantly over the past few months. With the recent approval of the Spot Ethereum ETF, ETH is also expected to rebound along with altcoins such as: ETF Swap (ETFS) It’s connected to that.
ETH, the second largest cryptocurrency, is expected to enjoy growth similar to Bitcoin following the approval of the Spot Ethereum ETF. For example, Bitcoin (BTC) rose 90% in January following the US SEC’s approval of the Bitcoin ETF. Following the approval of the Spot Ethereum ETF, the price of ETH also surged 22%. Both pioneering cryptocurrencies are expected to have parabolic flows that will have a large spread effect on altcoins, especially altcoins such as EFTSwap (EFTS), which has some ties to spot ETF trading.
ETFSwap (ETFS) is riding the wave of spot Ethereum ETF approvals. A large-scale implementation is underway.
ETF swap This is an ETF trading platform. It is a platform that allows users to exchange cryptocurrencies for ETFs of various asset classes, including sectors such as health, transportation, technology, and oil and gas. As a trading platform
With a mission to be the premier provider of ETF ERC-20 tokens, this tokenization platform has a database of ETFs that retail and institutional investors can trade at any scale. Since the approval of the Spot Ethereum ETF, ETFSwap (ETFS) has grown exponentially due to products linked to the ETF. This means that in just a few hours, we sold over 200 million tokens in the first phase of the presale and nearly 10 million tokens in the second presale. .
Spot In addition to the impact of Ethereum ETF approval, ETFSwap (ETFS) has features that investors should look for. ETFS tokens, the native token of the ETFSwap ecosystem, have passive income opportunities. Token holders can passively earn up to 36% in ETFS staking pools, up to 87% in APR returns, and monthly airdrops. For traders who hold the tokens, trading fees are low and they have access to ETF investment resources such as the new ETF listings and ETF Tracker to monitor class asset performance.
In addition to the numerous incentives of ETFSwap (ETFS) tokens, the platform itself allows futures trading strategies with leverage of up to 50x. Unlike traditional ETF platforms, ETFSwap offers 24-hour trading and has no management fees. Certified by cyberscopeOver 10,000 users registered in minutes with no KYC requirements.
Bitcoin (BTC) Set for Parabolic Run Months After Spot Ethereum ETF Approval
The Spot Bitcoin ETF has performed well since its approval, attracting over 10 billion investments in less than a month. A few months later, flows increased significantly as institutional investors recognized cryptocurrencies as ETF-quality assets.
Analysts predict that Bitcoin will go parabolic in ETF spot as investments continue to grow significantly. In fact, inflows totaling $1.7 billion were recorded last week alone. Analysts believe that if these inflows continue in such large quantities, Bitcoin (BTC) could break its current psychological levels and climb to price discovery. A move to new highs can be seen at $70,000.
ETH follows Bitcoin (BTC) steps after spot ETF approval.
In the week of Spot Ethereum ETF approval, ETH was the most talked about cryptocurrency, surging 22% ahead of Bitcoin (BTC).
The US SEC’s approval of the Spot Ethereum ETF was a surprise, but it was also the green light investors had hoped for. A few days after the positive news, ETH’s market capitalization surpassed $450 billion. The altcoin’s annual return is 59%, which is 3% higher than Bitcoin (BTC). ETH’s growth has not stopped, as many other altcoins have also experienced increases.
Spot One of the top cryptocurrencies positively impacted by the Ethereum ETF approval is ETFSwap (ETFS). Following approval, the first pre-order was completed in record time and the second stage of high-fashion pre-order was launched.
Currently on sale $0.01831Join now before it goes to $0.03846 in the next pre-sale phase.
For more information about the ETFS presale, see:
Visit ETFSwap Presale
Join the ETFSwap Community