The announcement of BlackRock’s Hedera-tokenized money market fund (HBAR) sparked a frenzy that sent HBAR soaring 94%. This turned out to be a widely misinterpreted announcement from HBAR, as BlackRock was not involved in this on-chain activity. However, given the impact of this development on the price of Hedera (HBAR), investors were very excited about ETFSwap (ETFS).
ETFSoap (ETFS) is a new platform for tokenized ETFs, joining BlackRock and several other large asset managers in the real-world asset market. Early investors are already anticipating an exciting rally in ETFS as they reserve early spots to purchase the token at the pre-sale.
Confusion over BlackRock’s involvement with Hedera (HBAR)
Hadera Foundation Announce Markup of BlackRock ICS US Treasury Market Fund (MMF) in X post which received over three million views. This fund is tokenized alongside infrastructure firms such as Archax and Ownera, welcoming the world’s largest asset manager on-chain, the publication said.
Contrary to what most people think, BlackRock was not involved in the tokenization that took place, but several cryptocurrency influencers with large followings actually amplified the announcement. Given the weight of the advertisement, Hadera (HBAR) He emerged as a major market gainer in the following hours. HBAR rose from a low of $0.09154 to a high of $0.1806, an increase of almost 100% in 24 hours. However, its price has since corrected and is trading around $0.11145 at the time of writing.
Chris O’Connor, Founder of Cardano Ghost Fund DAO, criticize The misleading statement from the Hedera Foundation also emphasized that BlackRock had no role in tokenization and did not choose Hedera (HBAR) to tokenize its fund. This was actually just a collaboration between the Archax Foundation, Ownera, and HBAR to bring MMF to the Hedera (HBAR) chain.
Hedera (HBAR) is a decentralized layer-one blockchain with a unique consensus algorithm that allows secure, fast, and energy-efficient transactions. Network can be a consideration for institutions looking to focus on token assets, but ETFSwap (ETFS) appears to be the safest bet for investors thanks to its massive scope for growth.
Why ETFSwap (ETFS) could be the safest bet for investors
Tokenization is quickly becoming the future of the cryptocurrency market, and investors are seeking early positions in this new narrative. BlackRock and some other institutions have shown interest in tokenizing funds and assets on the blockchain to leverage the technology for many new advantages that cannot be achieved with traditional systems.
Many studies are also appreciated The crypto and real assets market could be worth $10 trillion by 2030. That’s why investors are looking to be early adopters of this future technology, and ETFSwap (ETFS) seems to be the perfect choice for huge profits.
ETFSoap (ETFS) It is a new platform for trading tokenized ETFs on-chain. This new platform allows global access to different ETFs from many industries. These funds will range from cryptocurrency ETFs to commodity ETFs, fixed income ETFs and leveraged ETFs, enabling investors to diversify their portfolios across different market sectors to manage risk and improve returns.
The best part of this is the integration with DeFi features, which allows for fast settlements, access to liquidity, quick conversion to cryptocurrencies, and seamless sharing of value between both markets. ETFSwap (ETFS) will also come with ecosystem tools like ETF Scanner, ETF Filter and ETF Finder to help investors make key investment decisions and gain fidelity for planned investment.
ETFS will serve as the platform’s native token, and its growth prospects continue to improve in launch methods. It’s still very early for investors, as the pre-sale for the first phase has just begun and is already priced at around $200,000. The ongoing presale is the sale of ETFS tokens for $0.00854, and early investors can benefit from more than double the available profit margin before the price rises to $0.01831 in the second phase of the presale.
Experts believe that ETFSwap (ETFS) has a strong position in the future of tokenization and real-world assets as a leading platform for tokenized ETFs and many DeFi solutions. The early investors will be the biggest winners.
Now get an 18% bonus on pre-sale of ETFS using promo code “ETF18”.
For more information about pre-selling ETFS:
Visit ETFSwap pre-sale
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