Shiba Inu Community Shows Solidarity in Favor of Spot Ethereum ETFs Petition Reaches 10000 Signatures
In the wake of the approval of two ETF products, the crypto community is eagerly anticipating the approval of more crypto-related ETFs. Recently, a petition from the Shiba Inu community for a SHIB ETF has garnered 10,000 signatures, showcasing the growing interest in such products.
With the increasing demand for crypto-related ETFs, the price of the ETFswap (ETFS) token has surged during its presale phase. ETFs have become a popular trend in the blockchain industry, especially after regulatory bodies like the US SEC approved Spot Ethereum ETFs and Bitcoin ETFs.
ETFswap (ETFS) is a blockchain-based project built on Ethereum that utilizes tokenization to create tokenized versions of ETFs on the blockchain. This innovative approach allows investors to trade ETFs like crypto tokens, providing exposure to traditional ETFs as well as crypto-related ETFs such as Spot Bitcoin and Spot Ethereum ETFs.
Traders on the platform will have access to various tools like the ETFswap Screener to make informed decisions before trading. Additionally, experienced traders can leverage up to 50x on derivatives trading and benefit from fractional ownership to amplify their portfolio. To access these features, users must acquire ETFS, the platform’s native utility and governance token.
As a governance token, ETFS holders can participate in network decisions through voting and earn passive income by staking their tokens in the platform pool.
The Shiba Inu community has also joined the movement for a SHIB ETF, launching a petition on Change.Org to persuade Grayscale Investments to create one. With 10,000 signatures and counting, the community is pushing for the establishment of a Shiba Inu ETF following the approval of Spot Ethereum ETFs.
As interest in ETFs grows, investors are flocking to purchase ETFS during its presale rounds, with prices starting at $0.01831 per coin in stage 2. The potential for significant returns on investment is high, especially as the token is expected to reach $3, resulting in over 200x yield for investors.
Don’t miss out on this opportunity to be part of the ETFswap (ETFS) ecosystem. Purchase ETFS today to trade tokenized ETFs and potentially earn substantial returns on your investment. Join the ETFSwap community now for more information on the ETFS presale.
