News headlines carry the “Bitcoin (BTC) slumps to $56,000 again” as 1 billion ETF outflow was recorded over the last seven days. With the uncertainty that shrouds Bitcoin’s performance, investors are keen on alternative investment opportunities, which begs the question: can the trending ETFSwap (ETFS) presale be the next ideal option?
ETF Outflows Wrecks Havoc On Bitcoin (BTC)
After many months of a successful run, characterized by massive inflows, the Bitcoin ETF suffered a huge outflow of $1 billion, causing the premier cryptocurrency Bitcoin (BTC) to slip again in 2024. A Bloomberg report shows that anxiety in the global market caused an eight-day cash-pulling streak, which left the ETF market short of over $1 billion.
This is the longest run of outflow since the launch of Spot ETF for Bitcoin this year. As expected, some investors are looking to hedge against this kind of decline in the future by investing in cryptocurrencies with the potential for huge profits to balance out losses.
Investors Turn To ETFSwap (ETFS) To Hedge Against Market Volatility
The unpredictability of BTC and its financial by-products has caused investors, especially crypto ETF retail and institutional investors, to explore the alternative offers ETFSwap presents. The ETFS platform is bridging traditional finance with cryptocurrency, making it possible to invest in real-world assets right on the blockchain. This unique and innovative solution has put the presale of its native token in the limelight.
The ETFSwap native token has been enjoying a great run, as nearly $4 million has been raised in its ongoing presale. With the token set to soar to $1.93 when listed, investors are taking advantage of its current price of $0.03846 to accumulate large volumes before the presale ends.
With the current success of the ETFS token, its presale may end in less than 30 days. Apart from the ROI the token is set to bring when listed, there are other earning opportunities. The token in the staking pool gives up to 36% returns. APY yield on the ETFSwap token is 87%, and there are airdrop rewards too.
To understand where the ETFS token is getting its value apart from its utilities, let’s examine the ETFSwap DeFi trading platform. The ETFSwap trading platform is a place to trade tokenized real-world exchange-traded funds (ETFs).
The platform allows users to invest in real-world ETF commodities, such as in sectors such as oil & gas, transportation, technology, finance, etc, without literally buying the stocks or shares. This unique way to interact with real-world ETFs is revolutionary and hence draws thousands of people each week — who are waiting for the beta version to drop so they can start trading.
While ETFSwap presents an opportunity for large-scale investors — such as Bitcoin ETF investors — to enjoy high returns through the token, the platform is set to be a profitable endeavor for traders.
Its 50x leverage via perpetual trading will allow long and short options for traders to maximize profit. Its AI trading tools are designed to offer conventional and personalized trading assistance and are an added advantage the ETFSwap (ETFS) platform gives traders.
Is ETFSwap (ETFS) A Worthy Investment Plan With The Present Market Volatility?
It is unknown how long it will take for BTC to regain stability. Also, this sort of crypto ETF outflow may occur again. With this in mind, investing in ETFS is a proactive plan to diversify your portfolio and prevent huge losses in the future.
Besides the exciting offers and features of the ETFSwap platform and its native token, current investors have been moved to increase their investment after learning that CyberScope has audited the platform. The audit by CyberScope certifies the platform as safe for users.
Additionally, SolidProof, a smart contract auditing company, has verified KYC for each ETFSwap (ETFS) team member. These audits guarantee the authenticity of every offering and earning opportunity of the ETFSwap (ETFS) platform.
Conclusion
As Bitcoin continues to struggle amid market conditions affecting crypto ETFs, the ETFS presale presents a fantastic alternative to ETF Bitcoin holders and crypto investors searching for new and profitable opportunities.
Now is the time to accumulate ETFSwap, as it may be sold out in no time.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://www.cryptonewsz.com/bitcoin-slumps-as-crypto-etfs-see-1b-weekly-outflows/