The US Securities and Exchange Commission (SEC) has acknowledged Hashdex’s filing for a combined Spot Bitcoin and Ethereum ETF which could expose institutional investors to both cryptocurrencies if approved. As a result, the ETFSwap (ETFS) platform has been sparking investor interest due to its potential to deliver massive gains in this crypto ETF revolution.
ETFSwap (ETFS) To Lead Investors To Massive Gains As Combined Spot Bitcoin And Ethereum ETF Gets Acknowledged By SEC
As the SEC reviews Hashdex’s combined Spot Bitcoin and Ethereum ETF, ETFswap (ETFS) is positioning itself to capitalize on the growing interest in crypto ETFs. ETFswap (ETFS) is a blockchain platform that tokenizes exchange-traded funds (ETFs), making them accessible to the entire crypto community for trading.
The platform collaborates with MiCa-compliant regulated investment banks to ensure that all tokenized assets are backed by real-world securities.
This means as the market anticipates more crypto ETF products like the combined Spot Bitcoin and Ethereum ETF, investors can enjoy both the security offered by traditional ETFs, and the flexibility of blockchain technology when they trade them on ETFSwap (ETFS).
Since each investor has different goals and risk tolerances, ETFSwap (ETFS) provides options for users to customize their trading strategies to match their investment style, whether they’re long-term holders or active day traders.
To further improve the trading experience, the platform offers an AI-powered ETF Screener and Tracker that analyzes market sentiments, trends, and historical data. The insights from this tool help traders make informed decisions and identify profitable opportunities round the clock.
ETFSwap’s perpetual futures and options trading provides leverages of up to 50x for high-risk reward investments. Similarly, the market-making and perpetual trading capabilities allow leverages of up to 10x, allowing investors to amplify their gains and take advantage of market trends in real time.
These investors can continuously generate returns by staking their native ETFS tokens and earning up to 87% APR yield from the platform’s dedicated reward pool. Holding the ETFS tokens also comes with other benefits like trading discounts, lower fees, and early access to new ETF listings.
Due to the anticipated Solana and Ripple ETFs as well as SEC’s acknowledgement of the combined Spot Bitcoin and Ethereum ETF, many analysts have predicted a 108x move for the ETFS token.
As a result, investors are flocking to the platform’s ongoing presale, which allows them to purchase the tokens at a discounted rate of $0.001831 before the price rises to $0.03846. This rush is further fueled by the announcement of the platform’s upcoming beta launch in less than 30 days, as investors anticipate testing the platform’s exciting features.
Thanks to ETFSwap’s permissionless trading system with no KYC requirements, users can open an account and start trading within minutes. Despite this ease of access, the platform doesn’t compromise security and has secured an audit badge from leading crypto audit authority CyberScope, signaling its robust security measures.
SEC Recognizes Hashdex’s Filing Of Combined Spot Bitcoin And Ethereum ETF
The SEC has acknowledged Hashdex’s filing for a combined Spot Bitcoin and Ethereum ETF filing, as mentioned in an X post by Nate Geraci, the President of ETF Store. This proposed Hashdex Nasdaq Crypto Index US ETF aims to provide institutional investors with direct exposure to Bitcoin (BTC) and Ethereum (ETH) while evading the associated risks.
Hashdex’s filing also includes plans to collaborate with Coinbase Custody Trust Company and Bitcoin Trust as custodians for the underlying Bitcoin (BTC) and Ethereum (ETH). As part of the standard review process, the SEC has opened the filing for public comment on this combined Spot Bitcoin and Ethereum ETF, with a likely decision deadline around March 2025.
This development is following the approval of Spot Bitcoin ETFs earlier this year and Spot Ethereum ETFs in May, indicating the growing acceptance of crypto Exchange-Traded Products in traditional markets.
The Last Call To Join The ETFSwap (ETFS) Presale
As SEC acknowledges Hashdex’s combined Spot Bitcoin and Ethereum ETF, plus Solana and Ripple ETFs in the pipeline, cryptocurrency ETFs are about to experience explosive growth, and ETFSwap (ETFS) is set to lead the course. The platform’s plan to launch its ETF in 2025 also signals long-term potential for early investors.
For more information about the ETFS Presale:
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
