According to Bloomberg ETF analyst Eric Balchunas, Spot Ethereum ETFs are likely to begin trading by July 2. ETFSwap (ETFS), an innovative Ethereum-based platform that leverages blockchain technology to tokenize ETFs, is well-positioned to capitalise on this momentum. ETFSwap (ETFS) is poised to surge by over 1500% ROI, outperforming established tokens like Shiba Inu (SHIB) and Dogecoin (DOGE).
ETFSwap (ETFS) Poised For Meteoric Growth With Upcoming Spot Ethereum ETFs Trading
ETFSwap (ETFS) is a decentralized exchange (DEX), anticipated to surge over 1500% in value upon the launch of Spot Ethereum ETF trading on July 2nd. This projected growth stems from the increasing interest in advanced trading opportunities for Spot Bitcoin and Spot Ethereum ETFs.
As a tokenized platform, ETFSwap (ETFS) acts as a gateway for users to buy and trade a variety of institutional tokenized ETFs. These institutional ETFs include cryptocurrency spot and futures ETFs, as well as commodity ETFs (silver, gold, oil) and fixed-income ETFs (bonds, treasuries).
To enhance the platform’s security and user privacy, ETFSwap (ETFS) has opted to forgo KYC requirements, enabling users to maintain their financial confidentiality while also expediting the onboarding process for new users. The platform’s smart contracts have also been rigorously audited by CyberScope, a renowned blockchain audit and cybersecurity firm.
The audit results provided indisputable evidence of ETFSwap’s effective security capabilities against cyberattacks and its robust infrastructure. With its highly liquid asset classes, which will all be accessed using the native ETFS token, it is no surprise that major analysts have tipped ETFSwap (ETFS) to jump 1500% in valuation when the Spot Ethereum ETFs trading is underway.
Shiba Inu (SHIB) Price Stays Grounded Amid Token Burn and Upcoming Spot Ethereum ETFs Trading
Shiba Inu (SHIB) has seen a remarkable surge in its token burn rate, according to recent data from Shibburn. In the past 24 hours, the burn rate has skyrocketed by 863.58%, with a staggering 107,081,056 Shiba Inu tokens removed from circulation. Historically, this significant increase in token burning indicates a potential boost in value, as reduced supply can lead to increased demand and, in turn, drive up prices.
Despite this impressive burn rate and the anticipated launch of Spot Ethereum ETFs trading, Shiba Inu’s price has remained subdued in recent days, mirroring the broader crypto market trends, As of the latest data, Shiba Inu (SHIB) is trading at $0.00002176, reflecting a significant 11% decline over the past week.
Dogecoin (DOGE) Declines Ahead Of Spot Ethereum ETFs Trading
Dogecoin (DOGE), once the beloved meme coin, is now grappling with significant challenges. Legal battles have cast a dark cloud over its future prospects, with the U.S. Supreme Court ruling against Coinbase in a Dogecoin-related case serving as a major setback. This legal quagmire, coupled with market volatility and regulatory uncertainties, has eroded investor confidence in the cryptocurrency.
Despite the upcoming Spot Ethereum ETFs trading, Dogecoin’s price continues to decline significantly. In April, the coin witnessed a staggering 40% plunge, followed by a further 3.39% decline in May. Currently, in June, Dogecoin (DOGE) is trading at $0.1366 representing a weekly 6% decline. These consecutive drops have raised concerns among investors, many of whom are now diversifying to ETFSwap (ETFS), which is poised for gains ahead of the Spot Ethereum ETFs trading.
Why Should You Buy ETFSwap Before Spot Ethereum ETFs Begin Trading?
As the Spot Ethereum ETF trading draws near, the crypto market braces for a major shift. Notably, ETFSwap (ETFS) is poised to capitalize on this hype, and surge astronomically by 1500% potentially outperforming established players like Shiba Inu (SHIB) and Dogecoin (DOGE). Currently, ETFS tokens are available in their ongoing presale stage, priced at $0.01831. Hurry now and buy the ETFS token before they get snatched up completely.
For more information about the ETFS Presale:
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