Top 5 Spot Bitcoin ETFs To Buy On ETFSwap ($ETFS) As Inflows Reach $113 Million
The first Spot Bitcoin ETF product started trading on January 11, and today, the funds have recorded over $12 billion net inflow. Spot Bitcoin ETFs have also been one of the significant vehicles pushing Bitcoin’s recent surge, coupled with the upcoming anticipated halving event on the blockchain.Â
Since the approval of these investments in January, they’ve been the highlight for market investors. One way to position yourself for the opportunities of this buzzing asset class today is to have a profitable selection of them in your portfolio. Luckily, a new crypto trading platform, ETFSwap ($ETFS), is introducing a decentralized system of investing in them.Â
Decentralized ETF Trading On ETFSwap
ETFSwap ($ETFS) is a decentralized investment platform introducing a new approach to buying ETFs without centralized exchanges. Unlike centralized platforms, where intermediaries and third-party systems scrutinize traders, ETFSwap will enable participants to explore transparency and autonomy in their transactions.Â
One key challenge of venturing into these new categories of investments is the monopolistic trading dynamic, where participants are mostly subjected to using third-party systems in their transactions.Â
A broader look at this makes it clear that such a system defies the fundamentals of blockchain technology, that is, a democratic system of operations. With ETFSwap ($ETFS), users can explore these non-traditional methods of buying and selling Spot Bitcoin ETFs.
Here Are 5 Spot Bitcoin ETFs You Can Buy On ETFSwap
Blackrock’s iShare Bitcoin TrustÂ
Blackrock is one of the largest asset management firms in the world. The firm currently manages over $10 trillion and has recorded over $849 million in inflows after launching the iShare Bitcoin Trust in January 2024.Â
Aside from its already-established credibility, one of the many perks of investing in this Bitcoin ETF is that the network recently introduced a fee waiver scheme to cut down investment costs for incoming investors. What this means is that until the net inflow on Blackrock reaches $5 billion, investors will only pay an annual fee of 0.12%, as opposed to the 0.25% you’d get on other alternatives.Â
Fidelity’s Wise Origin Bitcoin Fund (FBTC)
Fidelity’s Wise Origin Bitcoin Fund (FBTC) is another Spot Bitcoin ETF that helps investors get easier exposure to trading this asset. The asset manager recorded the second-highest inflow on April 1st, which is $44 million.Â
FBTC currently runs on an annual fee of 0.25% but is offering a waiver on these fees till August 1st. The company holds about 128,000 BTC, worth around $9 billion at current value.Â
Ark 21Shares Bitcoin ETF (ARKB)
Ark 21 Shares Bitcoin ETF (ARKB), being the 3rd on our list, holds 38,000 Bitcoin worth $2 billion. The platform also offers a waiver, which means this could be your best bet for cheaper investments. Buyers of the network’s ETF get a waiver for the first six months of trade.Â
Grayscale’s Bitcoin Trust ETF (GBTC)
Greyscale is the first company to allow Bitcoin in a mutual fund-like product, so it’s no surprise they’re a leading firm in the Bitcoin ETF market. GBTC holds about 326,858.6 BTC as of April 4th, 2024. However, its fee is 1.5% annually, higher than most other Spot Bitcoin ETFs available today.Â
VanEck’s Bitcoin TrustÂ
VanEck recently waived fees on its Spot Bitcoin ETF investment fund until March 2025, when the platform hits $1.5 billion in assets. It’s another leading investment management firm valued at $90 billion today.Â
Join $ETFS PresaleÂ
The decentralized purchase of ETFs through ETFSwap is the first of its kind, and the best way to leverage this first-mover advantage is by purchasing $ETFS on presale.Â
The ETFSwap ($ETFS) presale is currently in its first stage and is highly undervalued, making this the best time to get in. Stage 1 presale tokens are selling at $0.00854, and prices are going to increase to $0.01831 by Stage 2.
Analysts believe the $ETFS token will run up 10x in profit at launch, going as high as 100x to reach $1 in the bull market. Given this, it is prudent to secure your spot in the future of decentralized ETF trading today.Â
For more information about the ETFS Presale:
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