Ethereum

Spot

Billion

BlackRock’s Spot Ethereum ETF reached a remarkable $1 billion milestone as Spot Ethereum ETFs experienced the largest weekly inflows since August, causing Ethereum (ETH) price to recover. This renewed investor interest in crypto-ETFs is fueling interest in <a href="https://etfswappresale.com/?utm_source=thecoinrise&amp;utm_medium=blessing&amp;utm_campaign=1003" rel="noopener noreferrer nofollow">ETFSwap (ETFS)</a>, a new crypto ETF tokenization and trading platform poised to deliver possible 600X returns for early investors. As the platform enters its final presale phase and prepares for the beta launch, investors are securing their ETFS tokens at the cheapest possible rate before hitting exchanges.
<h2 id="b-early-investors-ready-for-potential-600x-gains-on-etfswap-etfs-as-spot-ethereum-etfs-see-market-rebound-b">Early Investors Ready For Potential 600X Gains On ETFSwap (ETFS) As Spot Ethereum ETFs See Market Rebound</h2>
ETFSwap (ETFS) is a decentralized platform bridging the stability and flexibility gap between DeFi and traditional finance by allowing users to trade tokenized cryptocurrency ETFs supported by MiCA-compliant investment banks. Since its presale onset, ETFSwap (ETFS) has been attracting significant investor attention due to its unique utilities and massive earning potential.
Traders with high-risk, high-reward strategies can use ETFSwap’s customizable trading strategies to amplify their potential profit by increasing their positions by up to 10x on all trades and 50x on futures. As market conditions change, they can also easily adjust their positions to minimize potential losses.&nbsp;
Analysts have predicted a possible 108X growth for ETFSwap’s native token ETFS due to the wave of institutional funds expected to flow into the cryptocurrency-ETF market following the anticipated Solana and Ripple ETFs launch. However, with BlackRock’s Spot Ethereum ETF crossing the $1 billion milestone and ETFSwap’s plans to launch its own ETF in 2025, several crypto experts now deem the earlier 108x prediction conservative, projecting potential 600x gains for ETFSwap (ETFS).&nbsp;
With this revised outlook, savvy investors are flocking to ETFSwap’s final presale phase ahead of its beta platform launch to purchase their ETFS tokens at an affordable $0.03846 rate before the opportunity ends.&nbsp;
In the first phase of the beta release, early investors can access the latest ETF prices, swap their cryptocurrencies for tokenized ETFs, and participate in liquidity pools and staking mechanisms. They can earn trading fee rewards by adding their assets to liquidity pools and generate a steady passive income flow from up to 87% APR yield by staking their ETFS tokens.
Users are also assured of a smooth trading experience, as senior blockchain engineers have developed the backend robustly to handle all advanced functions effectively, and it will only go live after extensive UI testing. In the second phase, users will be able to access the advanced AI ETF tracker and screener tool which analyzes market data and recognize patterns to provide users with reliable investment recommendations.&nbsp;
Thanks to the platform’s 24/7 market coverage, <a href="https://etfswappresale.com/?utm_source=thecoinrise&amp;utm_medium=blessing&amp;utm_campaign=1003" rel="noopener noreferrer nofollow">ETFSwap (ETFS)</a> traders can capitalize on these recommendations round-the-clock and secure the best entry points in promising ETF investments before they become mainstream.
As ETFSwap’s features boost investors’ earning potential, the platform does not compromise on security. The team has added an extra layer of credibility by having its smart contracts <a href="https://www.cyberscope.io/audits/etfswap" rel="noopener noreferrer nofollow">audited</a> by Cyberscope and obtaining <a href="https://github.com/solidproof/projects/tree/main/2024/ETFSwap" rel="noopener noreferrer nofollow">team KYC verification</a> from Solidproof.
<h2 id="b-blackrock-s-spot-ethereum-etf-surpasses-1-billion-milestone-b">BlackRock’s Spot Ethereum ETF Surpasses $1 Billion Milestone</h2>
BlackRock’s Spot Ethereum ETF has <a href="https://sosovalue.com/assets/etf/us-eth-spot" rel="noopener noreferrer nofollow">crossed</a> the $1 billion threshold in total value just two months after its launch, becoming the second Spot Ethereum ETF to achieve this benchmark after Grayscale’s ETH Mini Trust. Spot Ethereum ETFs recorded their largest weekly inflows since early August, with $58.7 million in a single day contributing to a net positive inflow of $84.5 million for the week, and breaking a six-week outflow cycle.&nbsp;
As BlackRock reached this milestone, other funds also posted significant gains with&nbsp; Fidelity’s FETH leading with a one-day inflow of $42.5 million. The total net asset value of all Spot Ethereum ETFs including BlackRock now <a href="https://www.tradingview.com/markets/etfs/funds-ethereum/" rel="noopener noreferrer nofollow">stands</a> at $7.4 billion, as Ethereum (ETH) simultaneously shows signs of price recovery.
<h2 id="b-bottomline-b">Bottomline&nbsp;</h2>
As BlackRock’s ETH ETF hits $1 billion and Ethereum (ETH) price recovers, don’t miss the chance to ride the wave of institutional attention in crypto-ETFs with ETFSwap (ETFS). With its beta launch in a few days and BlackRock’s success fueling interest, savvy investors are FOMO-ing hard on ETFSwap’s last presale phase. Secure your ETFS tokens now and position for potential 600X gains before they sell out.
For more information about the ETFS Presale:
<a href="https://etfswappresale.com/?utm_source=thecoinrise&amp;utm_medium=blessing&amp;utm_campaign=1003" rel="noopener noreferrer nofollow">Visit ETFSwap Presale</a>
<a href="https://linktr.ee/etfswap" rel="noopener noreferrer nofollow">Join The ETFSwap Community</a>
The post <a href="https://thecoinrise.com/spot-ethereum-etfs-reboundblackrock-crosses-1-billion-milestone-as-eth-price-recovers/" rel="noopener noreferrer nofollow">Spot Ethereum ETFs Rebound:BlackRock Crosses $1 Billion Milestone As ETH Price Recovers</a> appeared first on <a href="https://thecoinrise.com/" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

Spot Ethereum ETFs Rebound:BlackRock Crosses $1 Billion Milestone As ETH Price Recovers

Table of Contents

TheCoinrise Media

Other articles published on Oct 3, 2024

Investor Earns Millions in Days with Meme Coin Investment

Crypto Losses in 2024 Soar to $2.11 Billion, Surpassing 2023’s Annual Total: Report

Trader Dismisses ‘Fearful’ Bitcoin Outlook After Re-Testing $60,000 Mark

Aptos Blockchain Welcomes Franklin Templeton's Tokenized U.S. Government Fund

Metaplanet Sells 233 BTC Put Options, Earning 23.97 BTC in Premiums

Not Pixel Game Hits 10 Million Pixel Artists Milestone

Join our free newsletter for daily crypto updates!