Spot Bitcoin ETFs have been picking up bullish momentum in the past two weeks, and U.S.-based spot Bitcoin ETFs particularly closed the past week on a strong point, seeing $263 million inflows as Bitcoin (BTC) reclaims the $60,000 price point.
This massive inflow has nudged price action experts and Bitcoin (BTC) analysts to tip the foremost cryptocurrency for an $80,000 rally in 2024 after market analysis. This bullish inflow has also triggered massive adoption for a high-ceiling Ethereum ICO — ETFSwap (ETFS), as crypto whales quietly pour millions of dollars into its presale while also investing heavily in spot Bitcoin ETFs.
Crypto Whales Quietly Pour In Millions Into ETFSwap (ETFS)
With over $4 million raised in just its presale rounds, ETFSwap (ETFS) is setting the pace for other Ethereum ICOs after it. With its tokenized ETF solution, this Ethereum ICO is receiving massive whale and DeFi stakeholder adoption as its tokenized ETF solution and perpetual market-making mechanism blooms.
Many crypto enthusiasts and DeFi players are eagerly anticipating the full DeFi launch of the ETFSwap (ETFS) platform as this Ethereum ICO will introduce a groundbreaking ETF Screener and Tracker.
This groundbreaking innovation is an AI-based algorithm that will use predictive and sentimental analysis to analyze the market trades of market makers like Blackrock and Grayscale. This ETF Screener and Tracker will then come up with accurate trade signals for consistent winning trades. Little wonder major crypto investors and ETF traders cannot wait for the full DeFi launch of this Ethereum ICO.
ETFSwap (ETFS) is now at the forefront of a transformative Web3 era as its Ethereum-based ICO is introducing new asset classes in a permissionless and decentralized ecosystem while diversifying underlying assets by multipliers up to 100X.
This Ethereum ICO is also providing traders with less volatile assets to grow their portfolio in the form of fixed-income treasuries, bonds, and securities available in the ETFSwap (ETFS) trading platform. As the utilities of the ETFSwap (ETFS) platform get into DeFi working upon full launch, the native ETFS token is expected to hit $10 in a 40,305% surge from its current presale price.
Hence, crypto investment experts say now is the best time to position for millions of dollars by copying the investment of crypto whales and investing massive portfolio bags into the ongoing presale round of ETFSwap (ETFS) at a steal price of $0.03846 per unit before the life-changing opportunity closes.
Bitcoin (BTC) Breaks Above $61,000 Amid $263 Million Volume
Spot Bitcoin ETFs have been on an uptrend with good volume inflow in the past two weeks, and U.S.-based spot Bitcoin ETFs particularly closed the past week on a strong note as they witnessed a massive $263 million inflow. Consequently, Bitcoin (BTC) has spiked above the $61,000 price point today, and major price analysts have predicted an $80,000 price rally for Bitcoin (BTC) in 2024.
According to market data from SoSoValue, the 12 U.S.-based spot Bitcoin ETFs witnessed a monthly-high daily net volume of $263.07 million on September 13. On this same day, this spot Bitcoin ETFs also witnessed a meteoric $1.82 billion in trading volume — a $924.04 million increase from the previous day.
Fidelity’s FBTC led the Bitcoin (BTC) inflows with $102.09 million with Ark Investment’s ARKB and Bitwise’s BITB leading other notable spot Bitcoin ETFs inflows, as crypto whales now start accumulating big portfolio bags of Bitcoin (BTC). With the sustained buying pressure into spot Bitcoin ETFs, price action analysts say we are poised to see a $80,000 Bitcoin (BTC) price in 2024.
Conclusion
Spot Bitcoin ETFs inflows are set to trigger sustained accumulated buys for Bitcoin (BTC), and price action experts say an $80,000 price is expected in 2024. The groundbreaking Ethereum ICO, ETFSwap (ETFS) is also witnessing millions in liquidity as crypto whales adopt its tokenized ETF solution. Now is the time to take advantage of the $0.03846 price before the $40,305% surge to $10.
For more information about the ETFS Presale:
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