Spot Ethereum ETFs saw a resurgence on September 24, with $62.5 million in net inflows, bringing the cumulative value of the Spot Bitcoin ETFs and Spot Ethereum ETFs to $200 million. Meanwhile, ETFSwap (ETFS) is readying its ETF trading platform so investors and traders worldwide can access and trade crypto ETFs.
ETFSwap (ETFS) Prepares For Beta Platform Launch, Invites Traders To Test
ETFSwap (ETFS) is a tokenization platform for institutionally provided exchange-traded funds (ETFs). The platform allows investors and traders worldwide to access various ETFs, including commodity ETFs, fixed-income ETFs, and crypto ETFs like Spot Bitcoin ETFs and Spot Ethereum ETFs. The ETFs featured on ETFSwap (ETFS) are backed by real-world assets from multiple industries and sectors ranging from healthcare to agriculture. This assortment of origin and assets allows investors to diversify their portfolios to hedge against losses.
Given ETFSwap’s (ETFS) unique proposition, investors and traders eagerly await the platform’s launch. The wait is ending, however, as ETFSwap (ETFS) prepares to give investors an exclusive first peek at its trading infrastructure in a few days so they can get a feel for the platform’s promised features and advanced trading tools.
ETFSwap (ETFS) will feature advanced trading tools and algorithms designed to augment traders’ strategies and make them profitable. The ETF Screener and ETF Tracker will provide traders and investors with insights to help them make better investment decisions. Both tools scour vast amounts of market data to extract patterns and trends. These trends are then used to form analytical insights to assist traders and investors.
ETFSwap’s (ETFS) market-making algorithm is also innovative in its operation. The algorithm tightens spreads and minimizes slippage on all trades. Hence, all buy and sell orders are executed at the best possible prices so traders always have optimal liquidity.
ETFSwap (ETFS) has worked extensively to tighten its security, especially as the platform will become available for traders and investors to test in a few days. Cyberscope, a cybersecurity auditing firm, thoroughly audited the platform and found no significant security risks, so users can rest assured that their funds are safe.
Spot Ethereum ETFs See Inflow Resurgence, Joins Spot Bitcoin ETFs To Total $200 Million In Net Inflows
Spot Ethereum ETFs enjoyed their best trading day since August on September 24, raking in $62.5 million in net inflows. Added to Spot Bitcoin ETFs’ net inflows of $136 million on the same day, both asset groups received almost $200 million in inflows.
Spot Ethereum ETFs had plunged for weeks with massive outflows, dropping Ethereum’s (ETH) price below $2,200. However, the recent resurgence of Bitcoin (BTC) and Spot Bitcoin ETFs has pulled Spot Ethereum ETFs and the Ethereum (ETH) altcoin out of the mire. The chief altcoin is trading at $2,623.69 at the time of writing.
Spot Bitcoin ETFs began to resurge on September 9 after two weeks of significant investment outflows. Since then, Spot Bitcoin ETFs have raked in $1.04 billion in net inflows with only $96.6 million in outflows. Bitcoin (BTC) has also resurrected after a prolonged tumultuous streak and is trading at $63,791.82, 7% more than last week’s price.
ETFSwap (ETFS) Rounds Up Final Presale Phase
ETFSwap (ETFS) has sold over 7 million tokens and raised over $1.52 million in two weeks of its third presale phase. Top analysts have predicted a 40,000% surge for the token soon after launch, citing its extensive utility and impressive presale performance as the major drivers.
Meanwhile, ETFSwap (ETFS) is rounding up its token presale’s third and final stage in a few days, leaving a short window for interested investors to buy the token before its predicted massive surge. The token is selling at the low price of $0.03846 and the ongoing 50% bonus promo allows investors to amass more tokens for heightened profits.
For more information about the ETFS Presale:
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