Cardano Founder Lauds Bitcoin Innovation, Can ETH Still Flip BTC Following Spot Ethereum ETFs Approval?

2024-6-3 20:13

Cardano founder Charles Hoskinson praised Bitcoin (BTC) for its impressive innovation, which has driven the blockchain landscape forward. However, the spotlight has shifted to Ethereum amid the recent approval of Spot Ethereum ETFs, which begs the question, “Can Ethereum (ETH) still flip Bitcoin (BTC)?

Amid the exciting price action on these two cryptocurrencies, ETFSwap (ETFS) has emerged as a new platform capitalizing on the growth of crypto ETFs such as Spot Ethereum ETFs. Investors who see the vision of this promising platform have booked early spots on the ongoing presale and target massive returns ahead.

ETFSwap (ETFS) Presale Sets Sail For Massive Growth Following Spot Ethereum ETFs Approval

ETFSwap (ETFS) has received massive traction in only a few weeks of presale launch, and many investors are wondering why and the answer is quite simple. This is because new DeFi platform offers an avenue for users to trade ETFs on-chain, which, despite the recent popularity of ETF assets, is unprecedented in the crypto market.

ETFSwap (ETFS) sets an innovative path by enabling global accessibility to varying ETF assets across multiple industries. This offers crypto enthusiasts exposure to industries like healthcare, energy, engineering, and more, enabling the ease of portfolio diversification for crypto investors.

Moreover, tokenizing ETF assets holds many more benefits, such as increased liquidity, 24/7 trading compared to limited trading hours in traditional markets, convertibility to cryptocurrencies, reduced trading costs, and enhanced transparency.

Furthermore, ETFSwap (ETFS) provides a comprehensive trading platform that allows market-making opportunities and perpetual trading with massive leverage. The much more stable nature of ETF assets will allow for up to 50x leverage on the asset, while users can use up to 10x leverage when trading cryptocurrencies.

Even better, ETFSwap (ETFS) will remain a decentralized platform that does not require users’ KYC registration, eliminating third-party bodies’ interference. This solves a common problem for native crypto investors seeking investment opportunities in centralized markets but who value the privacy and anonymity the blockchain provides.

ETFSwap (ETFS) is taking charge of the market for tokenized and real-world assets projected to be worth $10 trillion by 2030. The current rally on ETFSwap (ETFS) presale is further fueled by the recent approval of Spot Ethereum ETFs. At these projections, the prospects for ETFSwap (ETFS) are massive, and it would be smart to get in early on the ongoing presale.

Cardano Found Praises Bitcoin Innovation, But Can Spot Ethereum ETFs Help ETH Flip BTC?

Cardano Founder Charles Hoskinson recently posted on X, praising Bitcoin (BTC) as a culmination of 50 years of technological advancements and innovation. His admiration for cryptocurrency extends to the landscape after he admits that the innovation of Bitcoin (BTC) took a gradual connection to decades of concepts and progress.

He shared an image captioned “Bitcoin and the rise of cypherpunks” alongside his post. The image shows a steady progression of concepts, from cryptography in the 1970s, Proof of Work emerging, smart contracts, and peer-to-peer networks, down to the launch of Bitcoin (BTC) in 2009.

As Bitcoin (BTC) is trading at $67,656 with a $1.33 trillion market, the market is once again reminded that betting on promising technologies and platforms is rewarding. Similarly, ETFSwap (ETFS) is in its early stages and could be a life-changing investment for big believers in its role as a next-generation trading platform.

In other news, crypto enthusiasts wonder if Ethereum (ETH) can still flip Bitcoin (BTC) in the current market cycle. This sentiment has been particularly prominent since the approval of Spot Ethereum ETFs by the SEC.

This was a hot conversation in the 2021 bull run that was watered down, especially with the quiet momentum on Ethereum (ETH). However, the approval of spot Ethereum ETFs has reignited this conversation and spurred Ethereum (ETH) to exciting market patterns.

Conclusion

Market developments are often an indicator of where to look for profit opportunities, and this article highlights the exciting opportunity for the ETFSwap (ETFS) presale. The Stage 1 presale has raised over $100,000 and is on pace for massive success. The presale is selling at $0.0854 but will remain at that price for only a few days.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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Ethereum (ETH) на Currencies.ru

$ 3382.67 (-0.55%)
Объем 24H $20.029b
Изменеия 24h: -3.62 %, 7d: -4.16 %
Cегодня L: $3382.67 - H: $3527.46
Капитализация $413.623b Rank 2
Цена в час новости $ 3772.34 (-10.33%)

ethereum btc bitcoin etfs approval amid spot

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