Spot Bitcoin ETFs experience net inflows of $92 million on Friday, September 20, rounding out a week of favourable investment flows. Spot Ethereum ETFs also saw $2.87 million but failed to record positive net weekly inflows. Meanwhile, ETFSwap (ETFS) will reveal the first look at its ETF trading platform in a few days, giving global traders and investors access to Spot Bitcoin ETFs and Spot Ethereum ETFs.
ETFSwap (ETFS) Set To Launch Beta Platform, Invites Traders And Investors To Test
The ETFSwap (ETFS) platform is an innovative solution that helps investors and traders worldwide access and trade hybrid institutional ETFs such as Spot Bitcoin ETFs and their Ethereum-based counterparts. ETFSwap (ETFS) has now completed development on the backend of the Phase 1 beta of its ETF trading and swapping platform. The platform is set to show an exclusive preview of the innovative dApp in a few days.
Early viewers have praised the ETFSwap (ETFS) platform for its seamless navigation and intuitiv, user-friendly design. They have also highlighted how easy it was to perform their operations and access the tools they needed. ETFSwap’s most prominent feature is its advanced market-making algorithm. The innovative tool was created from the ETFSwap (ETFS) team’s extensive market-making expertise and experience. The algorithm works behind the scenes, tightening spreads and keeping slippage to the barest minimum. The result is that all buy and sell orders will be executed at the best possible prices, and traders always have optimal liquidity.
Another acclaimed feature of ETFSwap (ETFS) is its suite of AI-powered trading tools, such as the ETF Screener and ETF Tracker. These tools scour vast amounts of market data and price history to gather trends and analytical insights that assist traders and investors in making better-informed decisions in their choice of investment opportunities.
ETFSwap (ETFS) has repeatedly highlighted its platform’s robust security and has subjected itself to several security audits to prove it. Cyberscope, a leading cybersecurity auditing firm, conducted a thorough audit of ETFSwap’s (ETFS) infrastructure and found that it had no significant security vulnerabilities. Additionally, ETFSwap (ETFS) showcased its transparency when its team and leadership ordered and completed KYC verification from SolidProof, a smart contract security auditing firm.
As investors and traders track Spot Bitcoin ETFs and Spot Ethereum ETFs’ performances, they eagerly await ETFSwap’s platform for all the enhancements it offers to their trading strategies.
Spot Bitcoin ETFs Perform Better As Spot Ethereum ETFs Continue Struggle Against Outflows
According to data from cryptoeconomic analytics provider SoSoValue, Spot Bitcoin ETFs raked in $92 million on Friday, September 20, to round off a week of $392 million in net inflows. The best-performing Spot Bitcoin ETFs for the week were Fidelity’s FBTC with $137.7 million, Ark Invest’s ARKB with $101.9 million, and Bitwise’s BITB with $67 million.
Meanwhile, Spot Ethereum ETFs also saw net inflows of $2.87 million on Friday, September 20, with Grayscale’s Ethereum Mini Trust (ETH) being the only ETF to see any trading activity that day. Despite recording net inflows on Thursday and Friday, Spot Ethereum ETFs closed the week in the red with $26.2 million in outflows, further weakening investors’ confidence in the assets.
Conclusion
Spot Ethereum ETFs’ continued woes with outflows have pushed investors to other Ethereum-based assets such as ETFSwap (ETFS). The ERC-20 token is the native token of the ETFSwap (ETFS) platform and holds immense promise. Top analysts say the token will surge 40,000% soon and are buying it in multiple $10,000 tranches.
ETFSwap (ETFS) is on presale at an affordable price of $0.03846, and an ongoing 50% bonus promo is helping interested investors amass more tokens to position themselves for massive gains soon.
For more information about the ETFS Presale:
Disclaimer
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