Following the Securities and Exchange Commission (SEC) approval of Spot Ethereum ETFs on July 23, 2024, crypto enthusiasts had high hopes for this Ethereum (ETH) utility. However, Spot Ethereum ETFs have struggled to meet expectations like most crypto projects. The bullish situation of ETFSwap (ETFS) has further emphasized the degree of Ethereum’s (ETH) poor performance against Bitcoin (BTC).
ETFSwap (ETFS) Leads The Bull Run With 60,000% Profits In View
ETFSwap (ETFS) may still be at presale, but the token has immensely surpassed expectations. According to crypto veterans, the cryptocurrency market has not seen anything like ETFSwap (ETFS) or its outstanding features in its history. Despite the current market struggle of Spot Ethereum ETFs, pundits said ETFSwap (ETFS) has shown signs of a bull run with 60,000% profits in view.
ETFSwap (ETFS) has built a resilient and reliable network by combining traditional and digital strengths to be on top of its game. The crypto token has the advantage over Spot Ethereum ETFs because of its optimal market liquidity, 87% APR on all assets, and up to 50x marginal capital trading. As a result, every holder will receive maximum rewards for adding the token to their portfolio.
To ensure maximum transparency and security, ETFSwap (ETFS) has undergone a KYC verification process by SolidProof and a thorough smart contract audit by Cyberscope. These efforts help secure the ecosystem from scams, bugs, and fraud.
Further developments have solidified the ETFSwap (ETFS) network. Its Backend of the Phase 1 beta platform has been robustly developed, which the network will unveil once the UI testing is completed. Users will be able to participate in various liquidity pools, swap features, and staking mechanisms and be conversant with all the ETFs’ prices. Phase 2 has an AI-powered ETF screener, filter, and other advanced technologies for enhanced trading.
 
The ETFS token is available at only $0.03846 per token. Many want to take advantage of this 60,000% profit potential, as ETFSwap (ETFS) has raised almost $5 million. If you want to make huge gains, now is the best time to buy the token.
Are Spot Ethereum ETFs To Blame For Ethereum’s (ETH) Record Low On The ETH/BTC Pair?
The market odds do not seem to favor Ethereum (ETH) despite its introduction of Spot Ethereum ETFs in July. Since then, Ethereum (ETH) has declined by 25% and even hit a record low on the ETH/BTC pair. Past market movements hinted that Ethereum (ETH) may show signs of price appreciation. The downside to this news is that some crypto adherents are already profiting from this recovery, leading to a slight decline. The positive side is that the selling pressure has reduced, and Ethereum (ETH) may be able to recover sooner.
Bitcoin (BTC) Battles Market Volatility To Show Gains
Recent market struggles have impacted Bitcoin (BTC) and several crypto tokens. However, Bitcoin (BTC) is battling market volatility to show gains. While the profits might be minor, the green candles are currently on a streak. The pattern inspires a lot of renewed optimism among current holders as it hints at a strong potential bullish run. Crypto pundits have said Bitcoin (BTC) may still hit a new all-time high before December. The movement of Ethereum (ETH) away from a critical support level against Bitcoin (BTC) shows how much Ethereum (ETH) has bottomed against Bitcoin (BTC).
Conclusion
Will Ethereum (ETH) recover? How high can Bitcoin (BTC) get? These and many more questions keep arising. While some are hopeful that Spot Ethereum ETFs can recover from their bearish trend, crypto veterans are already buying and adding more ETFSwap (ETFS). Their reason is simple: buy now while it is affordable to enjoy up to 80,000% profit.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Source: https://zycrypto.com/etfswap-etfs-leads-the-bull-run-as-this-bullish-scenario-suggests-eth-has-bottomed-against-bitcoin/