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ETFSwap (ETFS) Surges 1,000% With Spot Ethereum ETFs Approval, Bitcoin (BTC) And Solana (SOL) Lag Behind

July 20, 2024 By Crypto Reporter PR

Bitcoin (BTC), the apex cryptocurrency, and Solana (SOL) find themselves lagging behind the momentum of the ETFSwap (ETFS) as the approval of Spot Ethereum ETFs fuels a 1,000% surge in the DeFi platform’s value.

ETFSwap (ETFS) Treads On ETFs To Boost Momentum

The ETFSwap (ETFS) presale volume surged massively with the approval of the Spot Ethereum ETFs.  The platform’s role in pioneering the tokenization of ETFs and other valued real-world assets has flooded the presale with investors of different calibers who are leveraging the ETFSwap (ETFS) platform to secure access to the ETF market.

The ETFSwap (ETFS) platform will provide access to trading Spot Ethereum ETFs right from the moment of launch, opening up multiple options for investors to choose from among crypto and institutional ETFs. There are no time restrictions as the platform’s services are round-the-clock and include market-making and liquidity optimization for investors at any given time of day.

News of  the ETFSwap’s (ETFS) plan to establish its own ETF in 2025 was welcomed by the crypto community and has led to this surge, and the results are seen as whales are maxing out their holdings in less promising assets to secure better positions in advance for profit.

The 1,000% surge is fueled by the 75% of crypto enthusiasts acquiring loads of the native ETFS tokens to earn the 87% annual percentage yields (APY) rewards when they stake their tokens in the promising ETF pools and the over 10,000 active users leveraging the high-tech  AI tools such as ETF Finder, ETF Filter, and ETF Tracker, which help to select, monitor and analyze the best ETFs to recommend to investors.

Additionally, the ETFSwap (ETFS) platform assists with real-time, historical data, allowing traders to make predictions about a particular trade.  And providing 10x leverage for trading options to increase profit margins by 10,000% and 50x leverage on all tradable ETFs on the platform.

The team behind the innovative ETFSwap (ETFS) platform completed  KYC with SolidProof and a rigorous audit by CyberScope to ensure transparency and verify the authenticity of all smart contracts on the platform.

It is a smart move to buy into the ETFSwap (ETFS) and join the majority of investors who are actively acquiring more at the present low price of $0.01831, and prepare for a future of high returns.

Bitcoin (BTC) Is Lagging As ETFSwap (ETFS) Surges

Bitcoin (BTC) price has been on a downward trend lately, dropping to as low as $53,000 after the initial surge that came with its spot ETF approval.

However, the Bitcoin (BTC) ETF pulled in over $1.35 billion to experience its fifth largest week of institutional inflow, which includes a whopping $310 million flowing in on July 12 alone.

This remarkable inflow of funds to Bitcoin (BTC) ETF helped pull Bitcoin (BTC) price above $60,000, even climbing to $63,000 at the time of writing.

Though this represents a significant increase and bodes well for Bitcoin (BTC), the increased inflow is due to the excitement around the imminent launch of the first-ever Spot Ethereum ETFs. This further demonstrates the great potential for immense wealth in the ETFSwap (ETFS), as both Spot Bitcoin (BTC) ETFs and Spot Ethereum ETFs are listed to be traded on the platform, which translates to increased value for the ETFS tokens.

Solana (SOL) Needs More Than Meme Coins To Match ETFSwap (ETFS) Momentum

Although the general crypto market saw a decrease in investor interest which caused the market capitalization to drop by 5%, Solana (SOL) still underperformed its competitors between July 3 and July 12, trading down 7.8%. Solana price has struggled to close above $145 since July 3.

Crypto traders fear that even if the crypto market recovers some of its losses, this bearish Solana momentum will continue.

And with the Spot Ethereum ETFs boosting the Ethereum ecosystem and flooding in with billions of dollars, Solana is far from being a top contender for the title of best altcoin to surge as the ETFSwap (ETFS) presale price continues to rise.

Conclusion: ETFSwap’s (ETFS) 1,000% Surge Outshines Bitcoin (BTC) And Solana (SOL)

The Spot Ethereum ETFs approval boosts an already remarkable ETFSwap (ETFS), which clearly shows its dominance over other DeFi projects like Bitcoin (BTC) and Solana (SOL).

For more information about the ETFS presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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