Investors Shift Focus to Promising Ethereum Coins Like ETFswap (ETFS) Amid $126 Million Outflow from Crypto Investments
The crypto industry is experiencing a shift in investor focus as $126 million flowed out of traditional crypto investments, with a significant portion moving towards promising Ethereum coins like ETFswap (ETFS). Data from Coinshares reveals that the recent fourth Bitcoin halving has made investors cautious about the volatile market, leading to withdrawals from investment products.
Coinshares reported a 9% decline in activities related to exchange-traded funds (ETFs), with a trading volume of $21 billion. The United States, Canada, and Switzerland saw significant outflows, while Germany experienced an inflow of $29 million. Despite a positive investment flow balance for Bitcoin (BTC), Ethereum (ETH) continued its five-week streak of massive outflows, totaling $29 million.
Investors are now turning their attention to alternative cryptocurrencies like ETFswap (ETFS) due to perceived weaknesses in Ethereum and Bitcoin. ETFswap (ETFS) is an Ethereum-based project that allows traders to invest in tokenized ETFs on a web3 marketplace. The platform offers features like tracking tokenized assets, leverage trading, fractional ownership, seamless swapping, and a no KYC policy.
The native token of ETFswap (ETFS) is at the core of the platform, enabling users to access all services and participate in governance. The ongoing stage 1 presale offers the token at $0.00854 per coin, with experts speculating a potential surge of 10,000% following its listing on exchanges. Early investors stand to gain over 100x returns, creating a fear of missing out among Ethereum and Bitcoin investors.
With over 23.6 million tokens already sold and increasing demand, the ETFS token is poised for significant growth. Investors are encouraged to conduct their research before participating in the presale. For more information, visit the ETFSwap Presale and join the ETFSwap community.