Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
ETFSwap (ETFS) becomes the first DeFi platform to enable investors to earn dividends on crypto ETFs, such as Spot Ethereum ETFs and Spot Bitcoin ETFs. The ETFSwap (ETFS) team made this announcement via its social media handles. The news came as a shock to investors, with many retail investors expressing their desire to capitalize on the platform’s unique earning model.
ETFSwap’s dividends will work just like crypto staking works on DeFi platforms. Long-term investors will earn passive rewards generated from the platform while holding Spot Bitcoin ETFs or Spot Ethereum ETFs. The ETFSwap (ETFS) team further noted that new crypto ETFs could be integrated into its passive income scheme in the future as the crypto ecosystem evolves.
How Investors Are Capitalizing On ETFSwap’s Dividends
Since the recent announcement, multiple retail and institutional investors have increased their purchase of crypto ETFs, and crypto whales have expressed interest in purchasing large amounts of spot Ethereum ETFs soon.
Crypto investors have also increased their ETFS token purchases, which is the fuel and governance token of the ETFSwap (ETFS) ecosystem. This is because investors expect a massive price appreciation following the platform’s announcement of the disbursement of dividends. Small and large-scale investors are also staking the ETFS token for additional passive income.
The ETFS token is currently worth $0.01831, and stakers can earn up to 86% annually in passive income from staking the token on the platform. Additionally, the ETFS token can give investors 108X returns in the long term and up to 10X in the short term. This massive potential and staking rewards have led to a surge in buy orders from retail and institutional investors.
How To Earn Dividends From Crypto ETFs On ETFSwap (ETFS)
ETFSwap (ETFS) is easy to use, and investors can easily earn dividends or passive income on the platform in three simple steps: connecting a wallet, creating an investment portfolio, and swapping from crypto to ETFs to earn dividends.
Connect Your Wallet
The ETFSwap (ETFS) platform supports decentralized crypto wallets like MetaMask, Trust Wallet, Coinbase Wallet, and a lot more. Ethereum-compatible wallets are the preferred choice since the platform runs on the Ethereum blockchain. Once a wallet has been connected, users can access their funds and buy crypto ETFs.
Create An Investment Portfolio With The ETF Screener
The ETF screener enables investors to create an investment portfolio. It also integrates AI to track market prices and perform sentimental analysis. Investors can use the ETF screener to determine the best time to invest in Spot Bitcoin or Spot Ethereum ETFs.
Investors can also automate portfolio management. The platform has an auto-rebalancing tool that monitors investors' portfolio performance and detects any deviations from the target allocation. When the tool detects a deviation beyond a certain threshold, it automatically executes trades to rebalance the portfolio, buying or selling assets as needed to restore the target allocation.
Swap Assets
Once an investment portfolio has been created, users can swap the cryptocurrencies held in their wallets for the crypto ETFs. Aside from Spot Bitcoin and Spot Ethereum ETFs, investors can also access commodity ETFs like oil, gold, and silver and fixed-income ETFs like bonds and treasuries.
These ETFs are offered on the platform in their tokenized versions. Once investors have swapped from crypto to tokenized ETFs, the tokenized ETFs acquired can be locked on the ETFSwap (ETFS), and investors can earn dividends from these.
Conclusion
With ETFSwap (ETFS) enabling investors to earn dividends from crypto ETFs, the platform’s ecosystem would attract more quality investors in the coming months. Although Spot Ethereum ETFs still await final approval before they launch on various platforms, the ETFSwap (ETFS) is ready to list them once approved. Investors expect to earn significant profits from Spot Ethereum ETFs and the ETFS token, which will massively increase in value in the coming months.
For more information about the ETFS Presale:
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.