Categories: Cryptocurrency News

ETFSwap’s DeFi protocol launch steals spotlight from BlackRock, Grayscale amid spot Bitcoin ETF inflows

As Spot Bitcoin ETFs witnessed their second largest inflows recently, ETFSwap (ETFS) launched its innovative DeFi protocol, outshining prominent asset management companies like BlackRock and Grayscale. This remarkable debut comes as the hype for Spot Bitcoin ETFs rises and the market sees renewed interest in the tokenized ETF industry.  

ETFSwap releases trailblazing DeFi protocol to counter BlackRock and Grayscale

Recently, US-listed Spot Bitcoin ETFs witnessed millions of inflows with most funds flooding into Grayscale Bitcoin Trust (GBTC) and the BlackRock iShares Bitcoin ETF (IBIT). Following the unexpected influx of capital, ETFSwap launched its cryptocurrency and ETF trading platform, capturing the attention of investors and traders alike. 

Similar to financial giants like BlackRock and Grayscale, ETFSwap (ETFS) is an ETF provider. However, this platform takes it a step further by offering users access to buy and trade a diverse array of institutional ETFs, including the lucrative Spot Bitcoin ETFs, all in a decentralized finance (DeFi) trading platform on the blockchain. Through ETFSwap, users can buy leveraged ETFs, commodity ETFs, fixed-income ETFs, cryptocurrency spot and futures ETFs, without having to give up the security and privacy of the blockchain. 

The launch of ETFSwap brings new and exciting opportunities to the financial and digital asset landscape. This platform aims to open doors to the trillion-dollar ETF market, utilizing the power of tokenization to make institutional ETFs more accessible, inclusive and decentralized. 

As a DeFi trading protocol, ETFSwap (ETFS) strives to merge the traditional finance landscape with the DeFi landscape. This platform aims to be a bridge between these two dynamic ecosystems, serving as a gateway for conventional investors to invest in assets with lesser risk management and higher profit potential. 

ETFSwap also offers many trading advantages, including regular rewards, the ability to generate passive income, lower trading costs, staking options, up to 10x leverages and an 87% APR yield.

The platform also enhances security by eliminating the need for KYC verification systems, allowing users to open accounts more easily, and restricting third-party entities like regulators and financial institutions. No KYC ensures users can trade anonymously and ultimately be safer and more comfortable. 

ETFSwap (ETFS) prioritizes user experience and privacy; as such, it has had its smart contracts audited by CyberScope, a leading blockchain audit and cybersecurity firm. Furthermore, ETFSwap leverages blockchain technology to ensure transparency and accountability. Users can enjoy faster transactions and lower costs by making investments using its native token ETFS, which is based on the Ethereum blockchain. 

With the excitement surrounding Spot Bitcoin ETFs, more investors are now showing increasing interest in ETFSwap and its ecosystem token, ETFS. Various calibers of Bitcoin and normal cryptocurrency investors have poured millions of dollars into ETFSwap in support of the project’s robust potential. 

Now that ETFSwap’s cryptocurrency and ETF trading platform is set to officially debut, investors have greater access to its ETFS token. One of the major goals for ETFSwap (ETFS) is to help investors diversify their investment portfolio with an asset class that has the potential to yield massive returns. 

Spot Bitcoin ETF inflows drive ETFS presale to new ATHs

Currently, ETFSwap’s presale is ongoing and has been successful in drawing both institutional and retail investors into its platform. This comes amid the hundreds of millions of dollars being poured into Spot Bitcoin ETFs, triggering thousands of large-scale investors and thousands of normal investors to take advantage of the opportunity to purchase ETFS tokens at a lower price. 

With ETFS tokens, investors can potentially yield substantial returns, as following its launch, ETFSwap (ETFS) will be generating revenue of about $20 million in one month, growing by 100% to 200% month on month.  

Presently, the price of each ETFS token is about $0.00854 in the first presale stage. However, it is anticipated to rise to $0.01831 during the second stage. This discounted price makes now the best time to make a solid purchase and secure a position amongst veteran investors. 

Additionally, users can earn automatic rewards by holding tokens, as all the transaction fees collected as sell tax on the platform will be added to the ETFSwap rewards pool and airdropped to investors monthly. 

For more information about the ETFS presale:-

Visit ETFSwap Presale

Join The ETFSwap Community


Disclaimer: This article is sponsored content and is not financial advice. CryptoMoonPress does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Markus Brown

Markus Brown is a full time news editor at CryptoMoonPress. He has five years of writing experience with well-known publishing companies. Currently, he serves his valuable price analysis articles and manages our writers team for content writing and curation. In his free time, he enjoys football and badminton.

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