Ethereum Spot ETF Approvals: Bitcoin And ETH Price Fail To Move, Altcoin Season Halted

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There are many reasons to believe that the altcoin season hasn’t ended despite Ethereum (ETH) and Bitcoin (BTC) failing to rally on the back of the news that the Securities and Exchange Commission (SEC) had approved the Ethereum Spot ETFs. One of the reasons is that ETFSwap (ETFS) is will kickstart another altcoin season for significant gains.

Ethereum Spot ETFs Approval To Lead Traditional Investors To ETFSwap (ETFS)

The approval of the Ethereum Spot ETFs is set to lead traditional investors to the ETFSwap (ETFS) platform. This category of investors are known to love yields, which they wanted to enjoy with the Ethereum Spot ETFs. However, fund issuers like Grayscale and Fidelity had to cancel out their staking plans from their respective Ethereum Spot ETFs.

As such, these investors are expected to move on-chain to enjoy these yields from the Ethereum (ETH) ecosystem and that is where ETFSwap (ETFS) comes in. The decentralized investment platform provides the best of both worlds for these traditional investors. These investors can invest in the tokenized Ethereum Spot ETFs on the platform and also stake their Ethereum (ETH) and Bitcoin (BTC) to enjoy juicy staking rewards.

Users can also stake ETFSwap’s native token ETFS and earn more attractive yields than they would by staking Ethereum (ETH). These staking returns aren’t the only way these traditional investors will be able to earn passive income.

By holding the ETFSwap (ETFS) token, investors will also qualify for the platform’s revenue-sharing program, whereby they earn a share of the transaction fees earned on the investment platform. Unlike centralized entities like brokers, ETFSwap (ETFS) provides users with more means to earn high returns. It also helps these investors save costs on their investments.

By integrating blockchain technology, ETFSwap (ETFS) is undoubtedly a more cost-efficient way to invest in traditional assets rather than using intermediaries or third-party systems. Investors can also rest assured that there are no hidden charges while trading on the ETFSwap (ETFS) platform since everything is transparent on-chain.

Furthermore, these investors can still enjoy discounted trading fees on ETFSwap (ETFS) simply by holding the platform’s ETFS token. Holding the ETFSwap (ETFS) token will also give these investors a feel of what it is like to be part of a community since they will partake in governance and make decisions about updates to the ETFSwap (ETFS) platform.

The ETFSwap (ETFS) token boasts several utilities, which explains why crypto investors are so bullish on it and are aggressively accumulating it in stage 1 of its ongoing presale.

Altcoin Season Is Just Starting Despite Bitcoin (BTC) Underperformance

History suggests there is no need to worry about Ethereum (ETH) and other altcoins, which, by extension, did not rally after the Spot Ethereum ETFs were approved. Bitcoin (BTC) also failed to rally after the Bitcoin Spot ETFs, and the real action for the flagship crypto only began after the Bitcoin ETFs began to see significant net inflows.

This same thing is expected to happen with Ethereum (ETH), with the second-largest crypto token likely to enjoy parabolic price surges once these Ethereum Spot ETFs begin trading and see huge sums flow into them. The price rally will kick the altcoin season into full gear, with other altcoins to follow the crypto and also make parabolic moves to the upside.

Conclusion

The best and most profitable investors aren’t those who buy into the hype but those who keyed into the narrative long before it caught the attention of others, as in the case of Bitcoin (BTC). Based on this, the most profitable ETFSwap (ETFS) investors will be those who purchased the crypto token long before it became the most prominent RWA project. That is why there is no better time to purchase ETFSwap (ETFS) than now, while it is still selling at an affordable price of $0.00854.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.



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