BlackRock has knocked Grayscale off the top spot of the world’s largest digital assets managers, with its total holdings summing up to $21.22 billion across its two ETFs. ETF traders and investors on ETFSwap (ETFS) have lauded the accomplishment, citing it as evidence of increased institutional interest in crypto ETFs.
BlackRock ETFs Take Top Spot With $21 Billion In Digital AUM
The competition between digital assets managers has become more furious since the launch of Spot Ethereum ETFs and ETF traders are all for it. According to a new report by blockchain analytics experts, Arkham Intel, BlackRock ETFs now have the most digital assets under management, boasting a management portfolio of $21.22 billion.
This monumental development is due to the increased interest that crypto ETFs are receiving from crypto traders and institutional investors. For example, an official document recently filed before the SEC by Goldman Sachs revealed the financial giant had taken on the role of investment advisor for digital assets and invested $418 million in Bitcoin ETFs, with over half of that in BlackRock’s iShares Bitcoin Trust.
ETF traders have lauded these developments and expressed excitement at the liquidity injection into crypto ETFs. With the increased inflows and market liquidity, ETF traders are exposed to less risk as the market remains relatively stable. Additionally, they can enjoy optimal liquidity as bid-ask spreads are tighter than in an illiquid market.
ETFSwap Welcomes New Users As Crypto ETFs See Increased Inflows
More traders and institutional investors worldwide are hopping on ETFSwap (ETFS) to access and enjoy the increased liquidity pumped into crypto ETFs. The platform allows them to trade and invest in their preferred ETFs at low costs and equips them to trade profitably. This is possible because ETFSwap (ETFS) partners with MiCa-compliant regulated investment banks, allowing them to offer hybrid institutional assets.
ETFSwap (ETFS) is built on the highly secure and scalable Ethereum blockchain, allowing it to leverage such decentralization perks as transparency, 24/7 availability, and robust security. As a result, ETF traders and investors can open an account without needing to complete KYC verification.
Furthermore, ETFSwap (ETFS) users enjoy borderless and permissionless trading as they can open and close positions from anywhere, without passing through a centralized authority. With 24/7 access to market data, they can trade anytime to take advantage of every opportunity in the market. This flexibility also allows them to manage risks effectively, responding swiftly to adverse changes in market conditions.
ETFSwap (ETFS) offers a variety of leveraged trading options to assist small-scale ETF traders in strengthening their positions and multiplying their profits. They can access up to 10x leverage for all trades, and 50x leverage exclusively for futures and options trading.
ETFSwap (ETFS) is committed to revolutionizing ETF trading with unique and attractive features. The project has revealed plans to launch its ETF in 2025, reinforcing its commitment to the evolution of the financial space. Additionally, ETFSwap (ETFS) has created a trade-to-earn, incentivized token to reward ETF traders for using the platform, allowing them to make huge profits when they invest in it.
The ETFSwap (ETFS) native token, currently on presale, has raised $3.10 million and sold over 101 million tokens barely a month since it started. Top crypto experts and analysts have cited the token’s extensive utility on ETFSwap (ETFS) and its huge profit potential as the major reason the token is seeing much traction.
Analysts Predict Huge 6,450% Surge For The ETFSwap (ETFS) Token
Since several top analysts predicted a 6,450% surge for ETFSwap (ETFS) at launch, many more ETF traders and investors have begun buying the token in $10,000 tranches. You can use the ongoing 50% bonus promo to accumulate more tokens when you buy at its discounted price of $0.01831. Use the promo code “ETFS50” at checkout to enjoy the offer.
For more information about the ETFS Presale:
