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Breaking News: Bernstein Confirms Bitcoin Bottom, Maintains $150,000 Price Target For 2026
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Breaking News: Bernstein Confirms Bitcoin Bottom, Maintains $150,000 Price Target For 2026

BTC Price Rally Set To Continue As Spot Bitcoin ETFs Provide Buffer, Here’s How

Bitcoinist
by Bitcoinist
Last Updated: September 29, 2024 9:00 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Spot Bitcoin ETFs have seen a continued cash inflow this week after weeks of consistent outflows, and this has impacted the BTC price positively. The BTC price has maintained the $63,000 price support level as the native BTC token hit a monthly high of $64,788. More so, a multi-day streak of Spot Bitcoin ETFs is starting to form with increased buy accumulations. Consequently, major price action analysts and ecosystem volume experts have tipped a generational ETF ecosystem, ETFSwap (ETFS), to benefit the most from the inflow surge in the spot Bitcoin ETFs market. Hence, whale investors and major DeFi stakeholders have moved to pour major liquidity into the ongoing presale of the ETFSwap (ETFS) ecosystem.

ETFSwap (ETFS) Set To Profit From Sustained Spot Bitcoin ETFs Inflows

The ETFSwap (ETFS) ecosystem has positioned itself in an indisputable position to benefit maximally from the surge in the spot Bitcoin ETFs market as its tokenized ETF solution is taking the crypto world by storm. The ETFSwap (ETFS) ecosystem is revolutionizing ETF trading by onboarding high-liquid institutional assets on-chain using the Ethereum blockchain technology. The Cyberscope-audited ETFSwap (ETFS) ecosystem is the premier provider of ERC20 ETF tokens tradable at 100X multipliers. Little wonder Bitcoin investors are taking advantage of its ongoing presale to accumulate major ETFS tokens at the cheap $0.03846 price. 

As Spot Bitcoin ETFs witnessed a massive cumulative inflow of $136 million on September 24, 2024, major crypto investment reporters also had it that Bitcoin whales invested massive amounts in the ongoing ETFSwap (ETFS) presale, raising its funding above $5 million. The bullish sentiment around the ETFSwap (ETFS) ecosystem is very strong as its incoming Beta Launch is one of the most anticipated crypto events in 2024. With the backend of its phase one beta launch done, the UI testing is already underway to launch offerings such as its native ETF Tracker and Screener, liquidity pools, commodity ETF options, fixed-asset options, and many more ETF trading mechanisms. 

In addition to the liquidity buffer provided by recent spot Bitcoin ETFs inflows, the native trade-to-earn ETFS token is also driving major adoption for the ETFSwap (ETFS) ecosystem. Holders of the ETFS token get a whopping 87% APR for ecosystem activities and an additional 36% for contributing to custom liquidity pools using the native ETFS token. The profitability of the ETFSwap (ETFS) ecosystem is no doubt due to Bitcoin whales and major market makers investing heavily in its presale. You can also take advantage of the steal $0.03846 presale price to compound your profits upon full DeFi launch as the presale stage closes very soon. 

BTC Price Rally Set To Continue As Spot Bitcoin ETFs See Sustained Inflows

On September 24, 2024, Spot Bitcoin ETFs saw a massive inflow of $136 million, marking a four-day inflow streak. This inflow sees the BTC price peak at a monthly high price of $64,788 with buys accumulating to the upside of major support regions. Consequently, major price action traders expect a sustained inflow to push the price of BTC towards the all-time high price of $73,780 by October 2024. 

This bullish sentiment around the spot Bitcoin ETFs market is nudging major crypto investors to open long investment positions for BTC. More so, if Spot Bitcoin ETFs buyers increase the buying pressure in October, we might see $80,000 BTC before 2024 ends.    

Conclusion

With ETFSwap (ETFS) set to benefit maximally from the inflow surge of the Spot Bitcoin ETFs market, BTC whales are flooding into its presale at the offer price of $0.03846 while accumulating big bags of BTC. You can also position for millions in ROI by joining the presale before it closes. 

For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community

 

Image by Gerd Altmann from Pixabay

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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