Institutions Pull $300 Million From Spot Bitcoin ETFs To Buy This Ethereum Token

Since October began, Spot Bitcoin ETFs have seen investment inflows slow down. In their first three trading days during the month, Spot Bitcoin ETFs lost $361.2 million to outflows as institutions withdrew their investments to buy this Ethereum token.

These institutional investors are scrambling to buy ETFSwap’s (ETFS) presale before it concludes in a few days.

ETFSwap (ETFS) is gearing up to conclude its record-breaking token presale in a few days. The presale has raised over $5 million so far, despite being priced at only $0.03846, and is on track to make $3 million more before its presale concludes in a few days. Institutional investors with huge stakes in Spot Bitcoin ETFs are racing to buy the ETFSwap (ETFS) presale before it concludes so they can reap massive gains from the token’s predicted 40,000% surge.

ETFSwap (ETFS) is the native token of the ETFSwap ecosystem. The Ethereum token serves as the primary means of exchange on the platform as well as its governance token. Hence, the token is instrumental to ETFSwap’s (ETFS) promise of access to tokenized ETFs on its trading platform.

The ETFSwap (ETFS) platform provides access to these Spot Bitcoin ETFs and more on a decentralized platform, allowing users to trade them anywhere at any time. The platform also provides access to a wide range of ETFs backed by various real-world assets. ETFSwap’s (ETFS) biggest appeal is how it helps investors diversify their portfolios with access to various liquidity pools. Thus, these institutional investors can hedge against losses by spreading their investments across several high-potential assets.

ETFSwap’s (ETFS) eliminated the KYC requirement that plagues centralized exchanges and hinders institutional investors from investing in crypto-related assets. This step protects users’ data from being stolen in the event of a hack attempt. ETFSwap (ETFS) further protects its users with its nativity to the Ethereum blockchain. The platform inherited the Ethereum network’s robust security features and built on the existing multiple layers of protection. Cyberscope, a cybersecurity auditing firm, thoroughly audited ETFSwap (ETFS) and found that the platform lacked significant security risks.

Meanwhile, ETFSwap (ETFS) has allowed investors to join its community of early adopters and enjoy huge benefits by buying its token presale. Doing so exposes these investors to huge discounts on trading fees, token bonuses and airdrops, and exclusive updates on new ETF listings. Ultimately, early investors in ETFSwap (ETFS) will enjoy up to 40,000% ROI after the token surges in a few days, as leading analysts expect.

Spot Bitcoin ETFs recently saw outflows totaling $361.2 million over three days, leaving the assets and making their way to ETFSwap’s (ETFS) native token. Institutional investors who recognize the Ethereum token’s huge potential and its revolutionary platform’s promise have bought the token presale during its early stages. As the presale draws to its conclusion in a few days, a FOMO wave is rippling through the investment community as late investors withdraw their holdings in Spot Bitcoin ETFs in a race to buy the ETFSwap (ETFS) before the presale ends.

Investors looking to enjoy ETFSwap’s (ETFS) massive surge and earn huge profits should hurry and buy the Ethereum token at its presale price of $0.03846 before it surges in a few days. The ongoing 50% bonus promo also provides a fine opportunity for them to accumulate more tokens and maximize their potential earnings.

For more information about the ETFS Presale:

• Visit ETFSwap Presale
• Join The ETFSwap Community

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post Institutions Pull $300 Million From Spot Bitcoin ETFs To Buy This Ethereum Token appeared first on The Merkle News.