The crypto industry has advanced a lot in recent years by introducing several crypto ETFs, including Spot Bitcoin ETFs. One such advancement is ETFswap (ETFS), which has developed an ingenious platform to tokenizing exchange-traded funds (ETFs). This article will focus on the ETFswap (ETFS) ecosystem and why it is attracting the attention of savvy investors in the crypto industry.
Bringing Crypto And Spot Bitcoin ETFs To The Blockchain
ETFswap (ETFS) is a blockchain platform spearheading the tokenization of assets in the crypto industry by creating a tokenized version of exchange-traded funds (ETFs). ETFs recently began to gain wider recognition in the blockchain industry with the approval of Spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) on January 10, 2024. Also, Hong Kong regulators approved Spot Bitcoin and Ethereum ETFs on April 15.
By bringing ETFs on-chain, ETFswap (ETFS) allows traders to invest in this asset class that is currently buzzing in the industry. The tokenized ETFs will be made available to traders on a comprehensive web3 marketplace designed to accommodate both experts and crypto newbies with little or no knowledge about trading. Also, experienced traders can benefit from the up to 10x leverage on trading and the fractional ownership feature on the platform.
Further, investors can be assured of the safety of their funds as one of the leading blockchain security experts, Cyberscope, has certified the network after a rigorous audit of its smart contract. ETFswap (ETFS) will also allow users to tap into the power of DeFi, enabling them to access its ecosystem without the need to fill out a Know Your Customer (KYC) form.
At the core of the ETFswap (ETFS) project is its native token, ETFS, which serves the purpose of utility and is key to unlocking the services on the platform, including trading tokenized ETFs. Also, those who hold it can participate in the network governance, proposing or voting on decisions that affect the platform’s growth.
ETFSwap (ETFS) Raises $750,000 In Private Sale Event Boosting Investor Confidence
ETFswap (ETFS) held a private sale event to introduce ETFS to whale investors in the industry, and at the end of the event, it was able to raise $750,000 in investment from five investors. The investors, which include two institutional investors and three angel investors, pitched into this project because they were impressed with its long-term potential. However, ETFswap (ETFS) chose to refrain from seeking investment from venture capitalists (VCs) who could place their selfish goals over the interest of the ETFswap (ETFS) ecosystem and community.
The platform aims to use the funds raised to speed up the development, launch, and expansion of its ecosystem. After the end of the private sale, ETFswap (ETFS) launched the public sale of ETFS to allow investors of all portfolio sizes to benefit from this token with so much potential.
Currently, in the stage 1 of the presale, everyone can get ETFS at a low price of $0.00854. With the stage 2 set to be sold at a higher price of $0.01831, all stage 1 participants are assured of profit. Also, early investors will tremendously expand their earning horizon with the 10,000% surge in price, which experts speculate will take the price of ETFS to the $1 mark soon.
A unique ecosystem and private sale success have proved to be enough incentive for savvy investors to rush in to get this token that increases their chances of getting a 100x yield on investment. Currently, over 22 million tokens have been sold, with more to go. You, too, can make a 100x yield on investment by buying ETFswap (ETFS) before the presale ends.
For more information about the ETFS Presale:
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