Solana Spot ETFs FOMO: Crypto Whales Dump Bitcoin (BTC) For ETFSwap (ETFS) And Polkadot (DOT)

This move by VanEck has undoubtedly taken the race for a Spot Solana ETFs approval an inch forward, but aside from that, it has brought about a fear of missing out on ETFswap (ETFS) and Polkadot (DOT) among crypto whales with a large Bitcoin (BTC) stash. 

This article discusses why these crypto whales are shedding their Bitcoin (BTC) holdings to pursue investments in ETFswap (ETFS) and Polkadot (DOT). 

ETFSwap (ETFS) Bags Crypto Whales Attention With Spot Solana ETFs Application

ETFswap (ETFS) has caught the attention of crypto whales with its unique ecosystem, which offers the option to trade tokenized exchange-traded funds (ETFs) on-chain. The tokenized ETFs directly represent traditional ETFs on the blockchain, exposing the crypto whales to several asset classes, including Spot Solana ETFs. 

Further, since they are tokenized assets, the whales can monitor the tokenized ETFs with accurate on-chain data before making investment decisions. The crypto whales are also no doubt aware that ETFswap (ETFS) only deals with MiCa-regulated investment banks to handle the sale of securities and cryptocurrencies, ensuring the safety of the network and its investors' funds. 

Also, the crypto whales were impressed with the ETFswap (ETFS) marketplace for trading the Spot Solana ETFs, designed to accommodate crypto experts and newbies to get the best trading experience with its user-friendly interface. 

At the heart of ETFswap (ETFS) is its native token, ETFS, which serves as a key to unlocking all the features on the network, including trading Spot Solana ETFs. Since it powers the network, all users must hold some portion of the token. However, holding ETFS has added perks like granting users voting rights to influence the decision-making on the network. 

Also, only token holders will gain early access to new ETF listings on the platform, like the ETFswap ETF scheduled to launch sometime in 2025. The crypto whales are also interested in ETFswap (ETFS) mouthwatering 87% APR on staking, an excellent way to earn passive income, prompting them to shift their investments from Bitcoin (BTC).

Polkadot (DOT) Soars By 10% Amidst Bitcoin (BTC) Whale Exodus

Another altcoin catching Bitcoin (BTC) whales’ attention is, Polkadot (DOT), a blockchain network that facilitates cross-chain asset transfer between different previously incompatible blockchains without third-party interference. According to an analysis of its daily chart, Polkadot (DOT) recorded a 10% increase in value recently, which is a big deal as top assets like Bitcoin (BTC) in the crypto market are battling a bearish wind.

 The analysis indicates that Polkadot experienced a bullish resurgence near the $5.5 mark as buying interest surged among crypto whales. Polkadot is thus expected to meet resistance at $6.3, but if it manages to hold its bullish momentum, it could surge to $7.2. 

Currently, Polkadot trades at $6.40, according to Coingecko, indicating that it has managed to sustain its bullish momentum. Bitcoin, on the other hand, continues to hover around the $62,000 mark, failing to garner enough bullish momentum to push it forward, which is an excellent reason why the crypto whales are turning their attention to Polkadot. 

Conclusion

ETFswap (ETFS), a decentralized platform set to offer the trading of Spot Solana ETFs, currently offers its native token ETFS at a low price of $0.01831 per coin in its presale event, and crypto whales are rushing to get it at this current round because it is expected to increase in price to $0.03846 soon. Once it increases, the whales would have realized an automatic profit on their purchase. 

Experts are confident that ETFS will surge by over 10,000% after the launch of Spot Solana ETFs, giving all early investors over 108x profit on their investment. So the time left is very reduced: Buy ETFS today without delay! 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclosure: This article is sponsored content, provided by a third party.