Institutional investors poured $1.35 billion into crypto assets in one week, extending a three-week run of inflows to $3.2 billion. Bitcoin (BTC), Ethereum (ETH), and ETFSwap (ETFS) are the top choices for these investments ahead of more favorable market trends.
While Bitcoin (BTC) and Ethereum (ETH) are popular choices, the newer ETFSwap (ETFS) has shown solid price action on presale and could be set for a massive rally.
Bitcoin (BTC) And Ethereum (ETH) Receive The Biggest Investments
CoinShares reports continuing inflows into digital asset investment products with a total investment of $1.35 billion to bring the last three weeks’ inflows to $3.2 billion. Bitcoin (BTC) led the way with $1.27 billion inflows as short-Bitcoin ETFs show further outflows of $1.9 million. This trend highlights the bullish rebound of Bitcoin (BTC) and the positive market sentiment on the crypto asset.
Ethereum (ETH) follows with $45 million in inflows in the past week. These inflows have enabled Ethereum (ETH) to overtake Solana (SOL) as the leading altcoin with the most inflows year-to-date.
CoinShares also reports a 45% week-on-week increase in ETP trading volumes with $12.9 billion, which represents lower than the usual 22% of the total crypto market volumes. Most of these investments come from institutional investors, mainly from the US, followed by countries like Switzerland, Canada, and Australia.
The crypto market continues to recover amid the optimism around Spot Ethereum ETFs. The Chicago Board Options Exchange (CBOE) had earlier announced that five spot Ethereum ETFs, including Fidelity Ethereum Funds, Invesco Galaxy Ethereum ETF, 21Shares Core Ethereum ETF, Franklin Ethereum ETF, and VanEck Ethereum ETF, will begin trading on July 23.
Amid the growing bullish market conditions for crypto ETFs, institutional investors are betting heavily on new projects like ETFSwap (ETFS), which has enormous room for growth.
ETFSwap (ETFS) Draws Massive Crypto Institutional Interests Ahead Of Launch
ETFSwap (ETFS) has drawn interest from institutional investors seeking early positions on a futuristic platform with massive growth potential. The impressive prospects on ETFSwap (ETFS) place it on a watchlist for investors, while some have been taking action to get in early via the ongoing presale.
The new platform is emerging as a decentralized blockchain-based platform for trading the ETF market. ETFSwap (ETFS) aims to leverage the Ethereum network to tokenize ETF assets and utilize its robust DeFi infrastructure to expand its offering. These tokenized ETFs will be backed by true securities purchased from traditional markets.
However, ETFSwap (ETFS) offers some benefits over trading directly on centralized markets. These include 24/7 trading hours, fast settlements, quick swaps between ETFs and cryptocurrencies, staking and lending opportunities, permissionless trading, and much more. This new platform will bridge centralized and decentralized markets, combining the best of both worlds.
With the avenue open for users to explore cross-compatibility between ETFs and cryptocurrencies, the platform expands its offering with comprehensive trading opportunities, real-time market data, and AI tools like the ETF Screener and ETF Finder. These AI tools operate as algorithms providing recommendations based on market trends, sentiment, price history, and many more.
Moreover, ETFSwap (ETFS) recently completed KYC with SolidProof, ensuring that all team members have been individually identified. The audit by the reputable blockchain firm has grown investors’ trust and confidence in the new platform as the beta launch approaches.
Conclusion
The massive inflows on Bitcoin (BTC) and Ethereum (ETH) from institutional investors are aimed at taking advantage of favorable market price action as spot Ethereum ETFs hit the market. As such, ETFSwap (ETFS) is one of the more obvious picks for profit, and the presale numbers have been impressive. Experts also believe that the new ETFSwap (ETFS) is poised for a 50,000% rally as the market gears on for a bull run.
Get in now while it’s early at $0.01831 per token before the presale price increases to $0.03846 in the next stage.
For more information about the ETFS Presale:
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