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Tag: Crypto analyst

  • Staking Ethereum ETFs: A Game-Changer for Investments

    Tom Wan, a former crypto analyst with 21.co, believes that staking could boost investments into US-traded Ethereum exchange-traded funds (ETFs). Staking offers benefits such as reduced management fees, higher staked Ethereum amounts, and greater incentives for investors. However, no US-based Ethereum ETFs currently include staking due to regulatory concerns.

    Staking involves locking up Ethereum to validate transactions and earn rewards, and Wan estimates it could add between 550,000 and 1.3 million ETH to the total staked supply. This could attract more investors and contribute to the network’s stability. Major ETF issuers like 21Shares, Bitwise, and VanEck are experienced in staking, giving them an advantage over smaller firms.

    Staking via ETFs could also improve liquidity by channeling more funds into staking pools and centralized exchanges.

    Source

  • Bitcoin and ETFSwap: Riding the Bullish Wave to New Price Heights

    Crypto analyst Ali Martinez predicts Bitcoin could reach $72,000 and possibly even $78,000 if it can hold above $65,000. ETFSwap, a new altcoin, is expected to experience a significant gain of over 12,000% and reach $5 as Bitcoin hits new highs. ETFSwap uses utility coins and offers tokenized ETFs and crypto assets in one place, making it easier for investors to swap tokens and invest in multiple assets.

    The platform is also decentralized, allowing investors to trade from anywhere and remain anonymous. The beta platform is set to go live on Ethereum soon, and the presale for ETFSwap tokens is ongoing.

    Source