The Ripple (XRP) community went festive on X (formerly Twitter) as an interview resurfaced of Ripple (XRP) CEO Brad Garlinghouse discussed the possibility of a Ripple ETF and possible collaborations with BlackRock to institute the assets. Meanwhile, ETFSwap (ETFS) is fortifying its ETF trading platform to accommodate Ripple ETFs, among others, when it launches.
ETFSwap (ETFS) Prepares To Provide ETF Trading Access For Investors
ETFSwap (ETFS) is a tokenization platform for ETFs of all kinds. The platform also serves as a marketplace for hybrid institutional assets so investors and traders can invest in, trade, and swap the highly liquid assets. To allow investors and prospective users to get a feel of the platform’s offerings and features, ETFSwap (ETFS) plans to release an exclusive first look at the platform’s Phase 1 beta in a few days.
ETFSwap (ETFS) has invested a lot of time in perfecting its platform’s unique functionality and honing its features to ensure they appeal to the investors and traders who will use it. Through its innovative platform, ETFSwap (ETFS) will provide an interface for traders and investors worldwide to safely, securely, and profitably invest in and trade Spot Bitcoin ETFs, Spot Ethereum ETFs, and other institutionally provided ETFs.
ETFSwap (ETFS) built its platform on the highly secure and scalable Ethereum blockchain. This will enable its users to enjoy such perks of decentralization as true transparency, borderless, and permissionless trading, and 24/7 access to the market. The team also equipped its platform with advanced tools and features that augment traders’ abilities.
ETFSwap’s market-making algorithm is the backbone of the platform’s success at profitable ETF trading. The algorithm makes sure traders always have optimal liquidity as it tightens spreads and minimizes slippage on all their orders. As a result, all buy and sell orders are executed at the best possible prices.
ETFSwap (ETFS) incentivizes traders to use its platform with its native token. The ERC-20 token is the primary means of exchange on the platform and allows users to enjoy huge discounts on trading fees. Additionally, token holders enjoy monthly airdrops from the project’s dedicated rewards pool.
The token has drawn interest from investors with its promise of up to 40,000% ROI as many analysts forecast. Thanks to this, its third and final presale stage is fast selling out with 6.7 million tokens sold and $1.5 million generated in revenue.
Ripple (XRP) CEO Teases Possible BlackRock Ripple ETFs
JackTheRippler, a notable member of the Ripple (XRP) community shared a video on X (formerly Twitter) of Ripple (XRP) CEO Brad Garlinghouse in an interview earlier this year. In the video, the Ripple (XRP) CEO shared cryptic comments on the possibility of Ripple ETFs surfacing later this year, choosing instead to allude to BlackRock’s mentions of a possible Ripple ETF. He, however, was vocal about welcoming a collaboration if BlackRock decided to file for an ETF based on Ripple’s (XRP) price.
Garlinghouse also dished on the conditions necessary to bring Spot Ripple ETFs to fruition. He highlighted Ripple’s (XRP) ongoing battle with the SEC which he said has significantly lessened in heat as a major roadblock. Ripple’s (XRP) victory in the case would make the creation and launch of Ripple ETFs a certainty.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
The news was favorably received as several other members of the Ripple (XRP) community commented favorably under JackTheRippler’s post. The cryptocurrency briefly traded around the $0.59 mark this week, but is back to $0.5872 at the time of writing.
Conclusion
ETFSwap (ETFS) is set to rally with the launch of its beta platform in a few days. Investors are encouraged to buy the token at its discounted price of $0.03846 and use the ongoing 50% promo to accumulate more tokens in preparation for massive gains soon.
For more information about the ETFS Presale:
