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BlackRock ETFs Take Top Spot With $21 Billion In Digital AUM

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Release: 2024-08-24 12:43:25
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The competition between digital assets managers has become more furious since the launch of Spot Ethereum ETFs and ETF traders are all for it.

BlackRock ETFs Take Top Spot With  Billion In Digital AUM

BlackRock ETFs have now taken the top spot for digital assets under management, boasting a total portfolio of $21.22 billion, as revealed by a recent report from blockchain analytics experts, Arkham Intel.

This monumental development is largely attributed to the increased interest that crypto ETFs are garnering among crypto traders and institutional investors. For instance, a recent SEC filing by Goldman Sachs shows that the financial giant has acted as an investment adviser for digital assets, pouring $418 million into Bitcoin ETFs, with over half of that going into BlackRock's iShares Bitcoin Trust.

ETF traders have lauded these developments, expressing excitement at the liquidity injection into crypto ETFs. With 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.

More traders and institutional investors worldwide are joining ETFSwap (ETFS) to easily access and enjoy the increased liquidity pumped into crypto ETFs. The platform enables them to trade and invest in their preferred ETFs at low costs and empowers them to trade profitably. This is possible because ETFSwap (ETFS) partners with MiCa-compliant regulated investment banks, allowing them to offer hybrid institutional assets.

Built on the highly secure and scalable Ethereum blockchain, ETFSwap (ETFS) can 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.

To assist small-scale ETF traders in strengthening their positions and multiplying their profits, ETFSwap (ETFS) offers a range of leveraged trading options. They can access up to 10x leverage for all trades, and 50x leverage specifically for futures and options trading.

ETFSwap (ETFS) is on a mission to revolutionize ETF trading with unique and attractive features. The project has announced plans to launch its ETF in 2025, reinforcing its dedication 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 in its presale phase, has raised $3.10 million and sold over 101 million tokens in less than a month. 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.

As 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.

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