Ethereum

Bitcoin

Spot

Analysts have predicted that Spot Ethereum ETFs might push Ethereum (ETH) as high as $5,000. However, Ethereum derivatives volume has been down amid the bullish sentiment. This market discrepancy raises some questions about the prospects of ETH with Spot Ethereum ETFs closing on live trading.
Meanwhile, <a href="https://etfswap.io/?utm_source=cryptoro&amp;utm_medium=pr&amp;utm_campaign=0724" rel="noopener noreferrer nofollow" target="_blank">ETFSwap (ETFS)</a> has been an emerging market favorite as investors look for opportunities to capitalize on ETF growth. The new platform is currently on presale, and investors are scrambling for entry before
<h2 id="ethereum-futures-remain-flat-despite-spot-ethereum-etfs-excitment">Ethereum Futures Remain Flat Despite Spot Ethereum ETFs Excitment</h2>
The US Securities and Exchange Commission reportedly <a href="https://www.reuters.com/technology/spot-ether-etfs-likely-begin-trading-july-23-industry-sources-say-2024-07-15/" rel="noopener noreferrer nofollow" target="_blank">approved</a> three of eight issuers’ plans to begin trading Spot Ethereum ETFs on July 23. Since the news, Ethereum (ETH) and the general market have rebounded from prior bearish trends. This reinforces the sentiment that Spot Ethereum ETFs will trigger a price rally to a new ETH all-time high.
Bitwise Chief Investment Officer Matt Hougan <a href="https://cointelegraph.com/news/spot-ethereum-etf-launch-price-predictions-cryptocurrency-trader-bitwise-matt-hougan" rel="noopener noreferrer nofollow" target="_blank">agrees</a> with the bullish sentiment for Ethereum (ETH) and believes the altcoin should surge to $5,000 by year-end. Despite the persisting bullish narratives around Spot Ethereum ETFs, Ether futures do not reflect the same sentiment.
CoinTelegraph <a href="https://cointelegraph.com/news/spot-ethereum-etfs-are-coming-but-eth-derivatives-markets-are-flat" rel="noopener noreferrer nofollow" target="_blank">reports</a> that the Ethereum (ETH) basis rate currently stands at 11%, which indicates no excitement on the altcoin with Spot Ethereum ETFs coming. In healthy market conditions, this basis rate should trade 5% to 10% higher than the regular spot markets to account for the extended settlement period.
While Ethereum futures do not show any more excitement than the regular spot trades, the basis rate is also on par with Bitcoin (BTC), which stands at 11%, indicating no excessive bullishness among Ethereum (ETH) traders.
Some market analysts argue that this leaves room for a surprise rally on Ethereum (ETH) once Spot Ethereum ETFs go live. As of this writing, <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow" target="_blank">Ethereum (ETH)</a> is trading at $3,410, showing solid price action toward the anticipated launch.
However, market trends have shown that investors consider ETFSwap (ETFS) an emerging better alternative for profit as the new project presents a massive profit margin.
<h2 id="investors-favor-the-etfswap-etfs-presale-for-massive-profits">Investors Favor The ETFSwap (ETFS) Presale For Massive Profits</h2>
Crypto ETFs have become increasingly popular this year and Spot Ethereum ETFs should launch later this month. However, the ETF market is much larger than the new crypto ETFs. ETFSwap (ETFS) is a new blockchain-based platform that aims to deliver the ETF market on-chain via tokenized ETFs.
This will enable decentralized trading and investment access on ETFs via the tokenized versions. ETFSwap (ETFS) aims to democratize access to the ETF market and expand investment boundaries beyond the limitations of traditional markets. This new way of investing in ETF assets allows for fast settlements, quick crypto-to-ETF swaps, passive income from staking, access to liquidity via lending, and many more.
Users can also access round-the-clock trading, decentralized trading without KYC, and seamless asset diversification across ETFs in industries such as energy, healthcare, engineering, and many more. Leveraging the cross-compatibility between ETFs and cryptocurrencies, users can access ETFSwap’s comprehensive suite of trading tools. This will include market-making opportunities and up to 50x leverage on futures trading.
Furthermore, the newly announced ETF Screener and ETF Finder are AI-powered tools to watch out for. They will serve as algorithms providing users with ETF recommendations based on market sentiments, historical data, and trends analyzed from big data.
In other news, <a href="https://github.com/solidproof/projects/tree/main/2024/ETFSwap" rel="noopener noreferrer nofollow" target="_blank">SolidProof</a> also recently announced that the ETFSwap (ETFS) has been KYCed. This means that the individual identities of team members have been verified, and the smart contract is live on-chain.
<img decoding="async" class="size-full wp-image-46673 aligncenter" src="https://crypto.ro/en/wp-content/uploads/2024/07/ETF-eth-presale.png" alt="ETF eth presale" width="512" height="79" title="Analysts Say Spot Ethereum ETFs Will Push ETH Price To $5,000, But Why Are Derivatives Volumes Down? 2" srcset="https://crypto.ro/en/wp-content/uploads/2024/07/ETF-eth-presale.png 512w, https://crypto.ro/en/wp-content/uploads/2024/07/ETF-eth-presale-300x46.png 300w" sizes="(max-width: 512px) 100vw, 512px">
<h2 id="conclusion">Conclusion</h2>
Although market confidence looks shaken as Spot Ethereum ETFs approach launch, investors remain confident in a bullish market reaction. As such, ETFSwap (ETFS) has been one of the more obvious opportunities to capitalize on the coming growth. With ETFSwap (ETFS) set on a 50,000% rally, investors are securing their early spots before presale ends.
Seize the limited opportunity to get in at $0.01831 before the price increases to $0.03846 before the next presale stage.
For more information about the ETFS Presale:
<ul>
 <li><a href="https://linktr.ee/etfswap" rel="noopener noreferrer nofollow" target="_blank">Join The ETFSwap Community</a></li>
</ul>

Analysts Say Spot Ethereum ETFs Will Push ETH Price To $5,000, But Why Are Derivatives Volumes Down?

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