The recent inflows on Spot Bitcoin ETFs suggest that institutions are far from giving up on the crypto market, even in the face of volatility. BlackRock’s iShares Bitcoin Trust (IBIT) continues to draw massive investment, holding the largest funds out of all Spot Bitcoin ETFs.
Amid the momentum on ETFs, investors are betting on the new ETFSwap (ETFS), which offers a promising profit avenue for early adopters. The ongoing ETFSwap (ETFS) presale has been one of the biggest events in the market over the past several weeks as the smart funds secure early entry ahead of launch.
ETFSwap (ETFS) is seeing a growth spurt on presale as investors see the platform as a bet on the future of ETFs and real-world assets in the crypto market. ETFSwap (ETFS) is a new blockchain-based that delivers the global ETF market on-chain. Because ETF assets come from traditional markets, they will exist as tokenized backed 1:1 on ETFSwap (ETFS).
With tokenization becoming a major category in the blockchain landscape, ETFSwap (ETFS) is establishing itself as an early platform that could claim a huge market share. Blackrock and other TradFi institutions are fueling momentum on Bitcoin (BTC) and other crypto assets, which could translate to a massive price move on ETFSwap (ETFS)
More so, ETFSwap (ETFS) is emerging as the most obvious option for crypto investors looking to diversify into ETF assets while retaining several on-chain features. The decentralized nature of ETFSwap (ETFS) will power 24-hour market coverage, allow easy conversions between ETF assets and cryptocurrencies, provide fast ETF settlements, allow zero-KYC permissionless trading, and many more.
Additionally, ETFSwap (ETFS) will provide extensive trading services on ETFs and cryptocurrencies, allowing investors to access real-time market data and advanced trading tools. ETFSwap (ETFS) will also offer market-making opportunities and marginal trading with up to 50x size boost.
The ETFSwap (ETFS) team has also announced that they have passed the KYC audit by SolidProof, which involved the verification of individual identities and project ownership.
According to Tree News on X, BlackRock recorded a massive inflow of $99.6 million on its Spot Bitcoin ETF on September 24, marking the largest since August. Despite the recent bearish trend on Spot Bitcoin ETFs, including an 18-day outflow streak, which lasted between August 15 and September 9.
Spot Bitcoin ETFs have significant market drivers this year, and BlackRock holds a significant amount of the underlying Bitcoin (BTC) asset. Spot Bitcoin ETFs have amassed a total of 916,047 BTC as of September 24, according to Bloomberg senior analyst Eric Balchunas. This amounts to $60 billion in new liquidity since Spot Bitcoin ETFs went live on the market in January.
BlackRock has amassed approximately 359,271 BTC, closely followed by Fidelity at 237,153 BTC and Grayscale at over 250,000 BTC. BlackRock and other ETF issuers play a role in further promoting Bitcoin (BTC) and cryptocurrencies to a wider audience, especially with multiple marketing campaigns that have gone live.
The recent trend on Spot Bitcoin ETFs highlights the growing demand for BTC exposure by institutions as Bitcoin is becoming integrated into mainstream investment strategies. Bitcoin (BTC) has already broken new all-time highs since the launch of Spot Bitcoin ETFs, and investors look forward to more promising trends as the bull market approaches.
BlackRock and other institutions are playing significant roles in pushing Bitcoin and other cryptocurrencies. Amid this trend, it’s pertinent to not miss out on opportunities like ETFSwap (ETFS), which offers an easy way to make profits on the presale before its main launch. The ongoing ETFSwap (ETFS) presale has already amassed over $5 million in investments and is poised for more.
Enter the ETFSwap (ETFS) presale now at $0.03846 before the final presale window closes.
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. Times Tabloid is not responsible for any financial losses.
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