The recent bearish cycle affecting the crypto industry has acted as a catalyst to spur investors to shift their investments into assets with greater potential for tremendous yield. Among the investors who made this move was a veteran Bitcoin investor who sold some of his Bitcoin (BTC) holdings to purchase an Ethereum ICO ETFswap (ETFS).
This article discusses why this Bitcoin investor made this dramatic shift in investment and his reason for choosing ETFswap (ETFS) among the flurry of assets in the market.
ETFSwap (ETFS)- A Premier Crypto ETF Trading Platform
ETFswap (ETFS) is an Ethereum-based crypto ETF trading platform that introduces the unique option of trading tokenized exchange-traded funds (ETFs). The tokenized ETFs will be available for trading on a web3 marketplace that is not restricted to specific trading hours and boasts 24/7 liquidity.
Further, traders can carry out permissionless transactions with the help of smart contracts and benefit from up to 10x leverage on the platform derivative trading section. However, it is important to take caution when using leverage to trade, as a trader’s entire trading position can be liquidated if it is severely affected by market volatility.
Another unique feature of ETFswap (ETFS) is the ability for traders to swap between ETFs and cryptocurrencies seamlessly. The platform also offers fractional ownership to users who want to amplify their portfolio with asset diversification. However, to gain access to all the features on the network, users will need to purchase some portion of the platform’s native token ETFS, which functions as a standard ERC-20 token.
Nevertheless, ETFS will do more than allow users to trade tokenized ETFs or seamlessly swap tokens; it will also empower users to participate in network governance through voting. Also, token holders will receive discounts, allowing them to trade at a lower cost and gain early access to ETF listings on the platform.
Veteran Bitcoin Investor Diversify His Investment Into ETFswap (ETFS)
The past few weeks have been hectic for the crypto industry, especially for Bitcoin (BTC), which remains unstable at a point falling below the $60,000 mark as the bears take control of the market.
As a result, many investors, including a veteran Bitcoin investor, are beginning to diversify their investments into other assets. The Bitcoin investor, whose main investment was in Bitcoin (BTC), sold some of his stash to purchase an Ethereum ICO ETFswap (ETFS), which promises investors an automatic yield in its ongoing presale.
Also, a recent analysis by blockchain intelligence platform Glassnode indicates that Bitcoin (BTC) has fallen into limbo as it fails to break past the $64,000 level. This suggests that investors are battling indecision and likely waiting for a decisive sign before making any move.
Therefore, according to Glassnode, this has hung a cloud of uncertainty over Bitcoin (BTC). Currently, Bitcoin (BTC) hovers around the $60,000 level, an over 18% decrease from its all-time high of $73,000, according to data from Coingecko.
Conclusion
ETFswap (ETFS) currently offers its native token, ETFS, at a low price of $0.01831 per coin in its ongoing presale event. Several investors, including the Bitcoin investor, are moving now to buy ETFS in this round as this will secure their chance of making an automatic yield when its price increases to $0.03846. As a cherry on top, experts are confident about the subsequent trajectory of ETFswap (ETFS) as they speculate a 10,000% surge that will take its price to the $3 mark after launch.
ETFswap (ETFS) beta platform launch is scheduled to occur in less than 30 days, indicating that the main platform launch is very close. So the Bitcoin investor, like all other early investors, are making hay while the sun shines by buying ETFS at its formative stage before it explodes in value. So what are you waiting for? Buy ETFS today, do not delay!
For more information about the ETFS Presale:
