Spot Ethereum ETFs Approval Spur Large Crypto Whales Into Action, 14 Million ETH Accumulated
The post Spot Ethereum ETFs Approval Spur Large Crypto Whales Into Action, 14 Million ETH Accumulated appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . Large crypto whales have begun to accumulate millions of tokens, spurred by the recent approval of Spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC). This regulator’s unexpected authorization has also prompted thousands of investors to invest in ETFs via decentralized exchanges like ETFSwap (ETFS). ETFSwap (ETFS) Presale Surges Following Spot Ethereum ETFs Approval Before the SEC’s approval of Spot Ethereum ETFs, ETFSwap (ETFS) had achieved significant milestones, recording thousands of new users and reaching its private fundraising target of $750,000. Following the approval of Spot Ethereum ETFs, ETFSwap (ETFS) has experienced explosive growth, with investors from different regions of the world scrambling to gain access to the cryptocurrency ETF market. ETFSwap (ETFS) is a Decentralized Finance (DeFi) platform which acts as an access point to the tokenized ETF industry. This platform allows users to buy and trade all kinds of institutional ETFs, including leveraged ETFs, commodity ETFs, fixed-income ETFs, and cryptocurrency spot and futures ETFs – including the infamous Spot Ethereum ETFs and Spot Bitcoin ETFs. ETFSwap (ETFS) enables users to purchase ETFs by swapping crypto assets like Ethereum (ETH) for ETFs. Users can also directly invest in any ETF of their choice on the platform by buying ETFSwap’s native token, ETFS. Owning ETFS tokens offers users exclusive benefits on ETFSwap’s platform, including lower trading fees, an 87% APR yield, and up to 10x leverage on all trades and staking options. As an ERC-20 token built on the Ethereum blockchain, users can execute transactions seamlessly with ETFS tokens. By leveraging blockchain technology, ETFSwap (ETFS) also enables a more…
Filed under: News - @ June 3, 2024 2:26 pm