Crypto Market Sees $126 Million Outflow to Ethereum Amid Bitcoin Halving
Data from Coinshares reveals a $126 million outflow from crypto investments, with investors showing caution post the fourth Bitcoin halving. This has led to a shift in focus towards promising Ethereum coins like ETFswap (ETFS).
Investment Trends and Outflows
Coinshares reported a decline in investment products related to the crypto industry, with ETF activities dropping by 9%. Notable outflows were seen in the US, Canada, and Switzerland, while Germany saw an inflow of $29 million. Ethereum (ETH) witnessed five weeks of significant outflows, prompting investors to explore alternatives like ETFswap (ETFS).
ETFswap (ETFS) Gains Attention
ETFswap (ETFS) is an Ethereum-based project offering tokenized ETFs for trading on a user-friendly web3 marketplace. With features like leverage, fractional ownership, and seamless swapping, ETFS is attracting investors looking for diversification and profit maximization.
ETFS, the platform’s native token, is currently available in a presale at an attractive price, with experts predicting a potential surge of 10,000% post-listing. Early investors are eyeing significant returns, making ETFS a hot commodity in the crypto market.
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