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ETFSwap (ETFS) Outperforms The Market Amid Bitcoin ETFs Bloodbath, Presale Nears Sellout

王林
Release: 2024-07-17 12:12:58
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As Spot Bitcoin ETFs grapple with a wave of outflows for the third consecutive week, investors are seeking refuge from the storm. ETFSwap (ETFS) is a game-changing platform designed to provide a strategic edge, empowering investors to not only weather the downturn but also enhance their returns.

ETFSwap (ETFS) Outperforms The Market Amid Bitcoin ETFs Bloodbath, Presale Nears Sellout

As the dust settles on another week of market volatility, Bitcoin ETFs have experienced a third consecutive week of outflows, with a record-breaking duration. This news comes as the broader crypto market faces selling pressure and institutions navigate the shifting landscape.

According to data from ETF Flows, the US Spot Bitcoin exchange-traded funds saw net withdrawals of $37.3 million last week. This marks the third consecutive week of outflows from these ETFs, with the longest such stretch since April.

The largest withdrawals were from Grayscale's recently converted GBTC ETF, with $155 million leaving the higher-fee fund. Next in line were VanEck's HODL and Franklin Templeton's EZBC, with net weekly outflows of $3.3 million and $17.3 million, respectively.

On the other hand, several ETFs saw net inflows last week. Leading the pack was BlackRock's IBIT with $82.4 million, all of which came in on Friday. Bitwise's BITB brought in $15 million, while Ark Invest's ARKB came in second with net weekly inflows of $26.3 million.

These ETFs have seen net inflows of $14.5 billion since trading began in January. When last week's figures are included, the net outflow trend for Spot Bitcoin ETFs now stands at a record $1.16 billion. This is the longest such stretch since the $1.05 billion outflow phase between April 8 and May 6, which lasted for four weeks, based on recent data.

As Bitcoin ETFs grapple with a wave of outflows for the third consecutive week, investors are seeking refuge from the storm. A game-changing platform like ETFSwap (ETFS) is designed to provide a strategic edge, empowering investors to not only weather the downturn but also enhance their returns.

رموز العملات الرقمية متاحة الآن للتداول على منصة ETFSwap (ETFS)

رموز العملات الرقمية متاحة الآن للتداول على منصة ETFSwap (ETFS)

رموز العملات الرقمية متاحة الآن للتداول على منصة ETFSpot Bitcoin ETFs, aiming to boost tokenization, can be effectively traded in the ETFSwap (ETFS) ecosystem. Advanced utilities are also provided by ETFSwap (ETFS) for trading Spot Bitcoin ETFs in its ecosystem.

The Ethereum-based platform tokenizes fixed-income securities, commodities, and Spot ETFs, among others. This tokenization simplifies portfolio diversification and makes trading Spot Bitcoin ETFs easy.

With constant asset exchange and no expiration dates, ETFSwap (ETFS) supports market-making and perpetual trading. This functionality gives traders the freedom and liquidity to manage Bitcoin ETFs and maximize returns and trading methods.

The Ethereum network and ETFS token improve security and liquidity, strengthening trader trust and driving Bitcoin ETFs trading.

The ETFSwap (ETFS) platform is an evolving platform based on traders’ comments and needs. ETFS tokens give traders a sense of ownership and control because the platform includes them in ecosystem choices.

The platform also utilizes blockchain technology enabling trustless transactions and decentralized governance to make trading efficient, secure, and transparent. Spot Bitcoin ETF traders may trust the platform’s smart contracts because CyberScope has thoroughly audited them.

Before launching, ETFSwap (ETFS) exhaustively secured the permits to run this breakthrough technology. Customers can now link their wallets and trade Spot Bitcoin ETFs without KYC identification, simplifying and safeguarding trading and optimizing revenues.

A thorough AI-powered ETF Screener and Tracker is also a highlight of the platform. These sentiments, predicted, and big data technologies make accurate recommendations. The AI reads, analyzes, and processes massive volumes of data, discovers trends, and makes informed projections to give consumers the latest and most precise data.

ETFSwap (ETFS) works with MiCa-compliant regulated investment banks to easily integrate blockchain technology with ETFs, ensuring that tokenized assets are backed by traditional financial market instruments.

In 2025, ETFSwap (ETFS) plans to issue its own ETF, solidifying its investment status. The beta platform will be launched within 30 days, offering decentralized leveraged trading of assets like Bitcoin ETFs.

Bitcoin ETFs Encounter High Outflows, Countering Inflows

As the market experiences volatility, Bitcoin ETFs are experiencing a third week of outflows, with record-breaking duration. This news emerges as institutions navigate the shifting market landscape amid broader crypto sell-offs.

According to ETF Flows, Spot Bitcoin exchange-traded funds in the US saw net outflows of $37.3 million last week, continuing a three-week outflow streak that is the longest since early April.

Grayscale's GBTC, which recently converted to an open-ended fund and carries higher fees, saw the largest outflows with $155 million being pulled out of the fund. VanEck's HODL and Franklin Templeton's EZBC had

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source:kdj.com
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