A crypto billionaire says, the ETH price will break $3,000 after Spot Ethereum ETFs launch, meanwhile, ETFSwap is poised to gain massively.
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A crypto billionaire has stated that the ETH price will decline following the Spot Ethereum ETFs launch, predicting a potential break below the $3,000 threshold. While the billionaire foresees a bearish outlook for the ETH price, other crypto projects, like ETFSwap (ETFS), are preparing for a mega rally, fuelled by the excitement and demand sparked by the introduction of Spot Ethereum ETFs.
ETFSwap (ETFS) Set To Skyrocket Following Spot Ethereum ETFs Launch
While market experts foresee a lackluster performance for the ETH price following the launch of Spot Ethereum ETFs, many predict that the introduction of these digital assets could trigger a massive price surge for ETFSwap (ETFS). To clarify, ETFSwap (ETFS) is a decentralized cryptocurrency and ETF platform that provides access to a stream of institutional tokenized ETFs. Through this platform, investors can swap their cryptocurrencies for tokenized ETFs backed by significant real-world assets.
By trading ETFs on ETFSwap (ETFS), investors gain access to optimal liquidity and advanced trade perpetuals of up to 10X. This platform empowers users with cutting-edge trading solutions and tools, offering them the freedom to close and open trading positions and access real-time market data to make informed trading decisions.
ETFSwap’s robust infrastructure is anchored on blockchain technology, effectively facilitating seamless transactions and ensuring a safe and reliable trading environment for users. This platform serves as a bridge between the traditional finance landscape and the DeFi ecosystem.
This innovative crypto project is not just riding the wave ahead of Spot Ethereum ETFs launch, it is setting new standards in the DeFi space, offering advanced Artificial Intelligence (AI) powered ETF trackers and screeners to recommend the most profitable ETFs based on historical trends and predictive analysis.
As crypto enthusiasts anticipate the launch of Spot Ethereum ETFs, numerous investors are also looking forward to the official launch of ETFSwap’s ETF in 2025. The decentralized exchange has unveiled plans to release its own tokenized ETF backed by its highly valuable native token, ETFS.
By purchasing ETFS tokens, users can easily gain access to ETFSwap’s diverse array of ETF offerings. This token can be staked to earn high yields and staking rewards. Additionally, staking ETFS tokens allows users to contribute to the platform’s security and liquidity while earning passive income.
Investors have access to various discounts and incentives when they HODL ETFS tokens. They are granted lower transaction and trading fees, monthly token airdrops and the opportunity to engage in ETFSwap’s exclusive presale to buy tokens at a lower price of $0.01831.
The ongoing presale stage has been an astounding success since its launch, selling more than 250 million tokens and generating over $3 million in weeks. With the current presale stage ending soon, investors have a limited amount of time to buy ETFS tokens before the price skyrockets to $0.03846 in the next stage.
ETH Price To Break $3,000 Post Spot Ethereum ETFs
Crypto billionaire, Andrew Kang, has shared reasons why he believes the ETH price could break $3,000 following the launch of Spot Ethereum ETFs. In a blog post, Kang disclosed that ETH could see its current price of $3,443 dropping between $2,400 and $3,000.
The crypto billionaire disclosed that the first few weeks of flows into Spot Ethereum ETFs will be lower than expected for two major reasons. He cited that the surprising approval of Spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC) gives issuers less time to pitch large ETH investors to convert their holdings to ETFs.
Additionally, Kang revealed that holders may be reluctant to convert to an ETF due to its lack of staking features, making it a less attractive investment option that could lead to losses in yield. He also predicts a continued downtrend for the ETH/BTC pair over the year, anticipating a drop to ranges between 0.035 and 0.06, respectively.
Conclusion On ETH Price Outlook
Despite Kang’s pessimistic outlook for the ETH price following the release of Spot Ethereum ETFs, innovative platforms such as ETFSwap (ETFS) are already well-positioned to significantly gain from the imminent launch. Investors can buy ETFS tokens in its ongoing presale to capitalize on the hype of Ethereum ETFs and potentially gain massive profits following ETFSwap’s proposed price leap.
For more information about the ETFS Presale:
