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Press Release

Bloomberg Analyst Predicts When Spot Solana ETFs Will Start Trading

Author

Jay Solano

Tags

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Category

Press Release

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Reading time

3 mins
Last update

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Market analysts have already begun to discuss when the Spot Solana ETFs could begin trading following VanEck’s application. Bloomberg analyst James Seyffart also weighed in on the conversation, predicting when the Spot Solana ETFs will start trading. Based on his prediction, now is the perfect time to accumulate ETFSwap (ETFS), especially while it is still selling at the discounted price of $0.0183 in its ongoing presale. 

Why Now Is The Time To Buy ETFSwap (ETFS)

Before now, crypto analysts had predicted that ETFSwap (ETFS) could enjoy up to a 100x price gain as its demand grows due to the potential Spot Solana ETFs that could launch soon enough. As such, the crypto token’s price is expected to keep surging as the date for them to begin trading approaches. 

ETFSwap (ETFS) is expected to enjoy increased demand thanks to these Spot Solana ETFs because of its role when these funds begin trading. ETFS is the native token of the ecosystem, a blockchain-based investment platform that tokenizes exchange-traded funds (ETFs) like the Spot Solana ETFs and enables them for on-chain trading. 

ETFSwap (ETFS) is making these ETFs more accessible and easier to trade by bringing them on-chain. As such, the decentralized finance (DeFi) platform will witness an influx of users looking for a secure and easy way to perform ETF transactions. That is where the ETFSwap (ETFS) token comes in, as users will need it to access the ETFs on the trading platform, including the Spot Solana ETFs. 

The ETFSwap (ETFS) token provides access to various commodities on the DeFi platform’s marketplace. Investors can also diversify their portfolios by investing in crypto assets on the trading platform by simply swapping their ETFS holdings for other cryptocurrencies in the liquidity pool. 

ETFSwap’s unique selling point is how it bridges the gap between traditional finance (TradFi) and DeFi and exposes traditional investors to the ethos of decentralization by integrating these ETFs with blockchain technology. In line with the principles of decentralization, users on the platform can trade anonymously with zero knowledge (ZK) proof technology integrated into the platform. 

Furthermore, users enjoy leverage trading for ETFs on ETFSwap (ETFS). The platform allows users to use up to 50x leverage on each ETF trade. Additionally, the DeFi platform offers perpetual trading services, allowing investors to keep their trades open for as long as they like. Users can also rest assured that they can close their trades anytime with this DeFi platform, which offers 24/7 market coverage. 

ETFSwap (ETFS) is also a market maker, so investors don’t have to worry about filling their buy or sell orders. The trading platform has put everything in place to ensure these otherwise illiquid assets are highly liquid. The DeFi platform is built on the Ethereum (ETH) network, so users also have access to the unparalleled liquidity which the network provides. 

Besides the news of when the Spot Solana ETFs could begin trading, ETFSwap’s beta platform will launch soon, possibly in 30 days. Therefore, users who want to get early access to the platform need to purchase the ETFSwap (ETFS) token ahead of the imminent launch.

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When The Spot Solana ETFs Will Start Trading

Bloomberg analyst James Seyffart mentioned in an X (formerly Twitter) post that the Spot Solana ETFs could begin trading in 2025. The Bloomberg analyst noted that the deadline for the US Securities and Exchange Commission (SEC) to decide on VanEck’s application could be sometime in mid-March 2025 if the asset manager files a 19b-4 application soon enough. 

Conclusion On Acting Before ETFSwap (ETFS) Sells Out

With this Bloomberg analyst already providing a timeline for when the Spot Solana ETFs could begin trading, ETFSwap’s (ETFS) ongoing presale could sell out anytime from now, with investors rushing to position themselves. Considering this, it is better to purchase the crypto token quickly, or you might have to buy it for 100x its current price of $0.0183 by the time the Spot Solana ETFs begin trading. 

For more information about the ETFS Crypto Presale:

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