Brad Garlinghouse is the Ripple CEO. suggested The possibility that a XRP ETF will be approved soon by government authorities. This statement was made at Paris Blockchain Week, a major event for crypto enthusiasts and experts.
After the positive impact that the Spot Bitcoin Exchange Traded Funds (ETFs) have had on the crypto-space, adding XRP to this mix will certainly bring about more optimism. What can you do to prepare yourself and maximize your profits from this event of bullishness?
Ripple’s CEO says XRP is the next ETF
Brad Garlinghouse gave reasons at the Paris Blockchain Week on April 9-11-2024 why he believes that an XRP exchange-traded fund is near. He said that Ripple is the only cryptocurrency, apart from Bitcoin, which has reached regulatory clarity. The other one being Ethereum, was Ethereum.
Ripple has achieved this due to its landmark victory over the Securities and Exchanges Commission of America, on 13th July 2023. A US judge ruled in that case that the XRP isn’t necessarily a financial instrument. Ripple is therefore one of only a few cryptocurrency that could be considered for approval as a spot exchange traded fund.
This will lead to a significant increase in the price of Ripple(XRP) as well as other cryptos.
A team of crypto and blockchain specialists has created a platform to help investors prepare for this landmark event. These ETFs are traded on the platform and can be exchanged freely for cryptocurrency or fiat. The platform in question is ETFSwap (ETFS).
ETFSwap is leading the ETF revolution with its ETFS (ETFS).
ETFSwap, or ETFS for short, is an advanced platform designed to increase the accessibility of ETFs by creating a secure and seamless trading environment. The platform is built on Ethereum’s (ETH) robust ecosystem and offers crypto enthusiasts the chance to take advantage of the unmatched liquidity in both the ETF and crypto worlds.
ETFSwap does not require you to undergo KYC before investing in an ETF. Decentralized Finance is a philosophy that has been championed for years by companies like Uniswap(UNI) and Pancake Swap(CAKE) as well as other Decentralized Finance providers.
Moreover, users are not restricted to choosing only cryptocurrency ETFs. Users can also invest in ETFs tracking commodities, indexes and fixed income products. The tool allows for users to add ETF trading perpetually to their portfolio. This leverage can increase trading profits up to 100%.
What is the safety of your product? ETFSwap (ETFS) platform? Cyberscope, an industry leader in blockchain security, says that ETFSwap is free of any major issues and very safe. The company disclosed the information in an audit The platform has smart contracts that can facilitate the execution of transactions. The platform is free for investors to use it as an ETF.
Pre-Sale Information for ETFS
ETFSwap’s (ETFS), which raised $750,000 during a private round of sales, is now in the initial stage of their presale. More than 25 million tokens, each priced at $0.00854, have been sold during Stage 1. The tokens will be sold at $0.00834 each in Stage 2. This means that current purchasers can expect to see an increase of 114%.
This presale is open to all major crypto currencies and stablecoins. You can buy fiat with your debit or credit cards. The token will soar even more when the platform is launched, given its massive uses cases.
Smart investors will therefore accumulate as many ETFS Tokens as possible before the industry becomes multi-million dollars, as predicted by experts.
To learn more about the ETFS Presale, please visit:
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Source: ripplecoinnews.com