Experts Say Solana ETFs Are A Long Shot, But Why Do They Expect Billions Of Dollars In Inflow?

July 9, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Besides when the Spot Solana ETFs could launch, another hot topic for discussion has been how much inflows these Spot Solana ETFs could attract when they eventually launch. Bloomberg analyst James Seyffart has provided some answers on how much could flow into these funds and has given crypto investors another reason to invest in ETFSwap (ETFS).

Partake In The Crypto ETF Revolution With ETFSwap (ETFS)

ETFSwap (ETFS) is a blockchain-based investment platform that provides an easy way for investors to partake in the crypto ETF revolution. The decentralized finance (DeFi) platform tokenizes crypto exchange-traded funds (ETFs) like the Spot Bitcoin ETFs and even Spot Solana ETFs whenever they launch, making them available for on-chain trading. 

In addition to these crypto ETFs, there are various categories of ETFs in which investors can invest, especially for web3 natives looking to diversify their portfolio without leaving the confines of the decentralized space. Traditional investors also get an easier and more secure way to trade ETFs with ETFSwap (ETFS). 

ETFSwap’s decentralized nature makes trading in these tokenized ETFs straightforward, as users do not need authorization before accessing these assets. The trading platform’s Know-Your-Customer (KYC) requirements are also non-mandatory, allowing users to start investing in these ETFs in record time. 

To invest in the DeFi platform, users simply need the ETFSwap (ETFS), which is why investors have been accumulating the crypto token at its current price of $0.0183. Users will swap the ETFS token for their preferred ETF. Additionally, the crypto token provides access to the various commodities and cryptocurrencies on the platform. 

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Investors can swap their ETFSwap (ETFS) holdings for other crypto assets in full DeFi mode without third-party transactions. The crypto token also bridges traditional finance (TradFi) and the DeFi world, allowing investors to swap their ETF holdings for crypto assets and vice versa. 

ETFSwap (ETFS) boasts exciting features that investors can’t afford to miss out on. Investors on the platform will enjoy leverage trading, as they can use up to 50x leverage on their ETF trades. This is in addition to the platform’s perpetual trading services, which allow them to bet on the future price of these assets without an expiration date. 

ETFSwap (ETFS) has an automated portfolio management feature, including automatic rebalancing, ensuring that investors’ portfolios align with their risk appetite and investment goals. The DeFi platform also offers customized trading strategies tailored to meet every user’s needs and preferences. 

ETFSwap undoubtedly has a bullish outlook, which is why analysts project that its ETFS token could reach unprecedented heights. Considering this, investors looking to invest in the trading platform are better off accumulating the crypto token while it is still undervalued at its current price. Moreover, a rally is imminent for the crypto token, with ETFSwap’s beta platform expected to launch in 30 days. 

Why Spot Solana ETFs Are Expected To Witness Billions Of Dollars Of Inflows

Seyffart mentioned that the Spot Solana ETFs should witness around $3 billion in inflows over time. He made this prediction based on the assumption that the Spot Solana ETFs will witness inflows proportionate to Solana’s (SOL) market cap compared to Bitcoin (BTC). Simply put, he expects that the Spot Solana ETFs will enjoy about 6% of the inflows that the Spot Bitcoin ETFs are witnessing since Solana’s (SOL) market is 6% of Bitcoin’s (BTC).

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Meanwhile, although Seyffart claimed that the Spot Solana ETFs are a long shot, he suggested they could eventually be approved, especially if Donald Trump wins the US Presidential elections. There is also the possibility of it being approved before then, with President Joe Biden trying to win over crypto voters. 

Conclusion On ETFSwap’s (ETFS) Increased Demand

With the Spot Solana ETFs expected to be approved, ETFSwap (ETFS) is bound to witness increased demand thanks to investors looking to invest in these funds on the trading platform. That means a significant portion of the projected $3 billion into these funds will flow through ETFSwap (ETFS), which could spark parabolic price surges for the crypto token. 

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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