BTC Price Target $150K, ETFSwap (ETFS) to $5

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Bitcoin’s (BTC) bearish outlook since the start of September led to significant outflows for the Spot Bitcoin ETFs, with institutions offloading their shares in these funds. However, these institutions are back again, with the Spot Bitcoin ETFs witnessing impressive inflows. This development could send BTC price to $150,000 while ETFSwap (ETFS) could reach $5, considering its role in the exchange-traded fund (ETF) ecosystem. 

ETFSwap (ETFS) Price To Reach $5

Alongside the BTC price, institutions’ bullish sentiment toward the Spot Bitcoin ETFs is also expected to spark a parabolic rally for ETFSwap (ETFS), causing its price to reach $5. This bullish outlook for the ETFS token is due to its significance within the ETF ecosystem. As the native token of the ETFSwap investment platform, it makes it easier for institutions to invest in ETFs like the Spot Bitcoin ETFs. 

ETFSwap (ETFS) is revolutionizing access to these traditional assets, as investors can now simply swap the ETFS token for their preferred ETF. With such an impressive demand for Bitcoin ETFs, institutions will be rushing to buy the decentralized finance (DeFi) token since investing through the ETFSwap ecosystem is straightforward. 

Users do not have to worry about overwhelming customer verification processes, as the decentralized platform has no Know-Your-Customer (KYC) requirements. The platform prioritizes user privacy, which is why it has integrated zero-knowledge (ZK) proof technology, allowing investors like these institutions to trade anonymously. 

Institutions are known to love yields, which is another reason ETFSwap (ETFS) will attract many of them. The decentralized trading platform allows them to stake their ETFs, including Bitcoin ETFs, and earn juicy staking rewards. These institutions can also stake crypto assets on the platform and earn impressive yields. Those who stake the platform’s native ETFS token can earn up to 87% annual percentage yields (APY). 

There are other money-making opportunities on the platform which these can use to maximize their profits on each investment. For instance, the DeFi platform offers perpetual futures for these ETFs, with these institutions able to up to 50x their initial capital on their trades, thereby increasing their potential returns on these derivative contracts. Perpetual futures for these ETFs also allow them to hedge against their investment in the underlying asset. 

Ahead of the launch of ETFSwap’s beta platform, institutions have already been showing interest in the DeFi platform and buying the ETFS token in its ongoing presale to access these exciting offerings when the platform launches. These investors have bought over 4 million tokens, highlighting their bullish sentiment towards ETFSwap (ETFS). 

They are also bullish on the project because of the team’s proven track record of heading successful projects in the finance space. It is worth mentioning that the team has been certified by the audit firm SolidProof following an extensive verification process.

Institutions Are Buying Spot Bitcoin ETFs Again

Data from Farside Investors shows that institutions are repurchasing the Spot Bitcoin ETFs. On September 13, these Spot Bitcoin ETFs witnessed an incredible net inflow of $263.2 million. Fidelity, ARK Invest, and Bitwise’s Spot Bitcoin ETFs enjoyed the most flows, with $102.1 million, $99.3 million, and $43.1 million flowing into these funds, respectively. 

This development highlights a market shift, with institutions again bullish on the Bitcoin (BTC) ecosystem. This could spark a parabolic rally for the BTC price, sending it to $150,000. These Spot Bitcoin ETFs were the primary reason the BTC price reached a new all-time high (ATH) of $73,000 in March. As such, they could again send the BTC price to new highs. 

Analysts have also confirmed that the BTC price could reach $150,000 before this market cycle peaks. 

Conclusion 

With ETFSwap (ETFS) set to rise to $5, investors, including institutions, will make life-changing gains of up to 50x returns on their investments. Bitcoin (BTC) could not provide such returns even if the BTC price reached $150,000, so investors should hurry and buy ETFSwap (ETFS) at its affordable price of $0.03846 before the tokens available in the ongoing presale sell out. 

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community



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