The potential approval of Ethereum and Solana ETFs has led to growing excitement in the crypto world. Smart money investors are eying these ETFs and making strategic moves into altcoins like RCO Finance (RCOF), which are set to leverage the development to record explosive growth.
Read on to explore how RCO Finance (RCOF) has successfully attracted them and the latest update on Ethereum and Solana ETFs!
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RCO Finance: The Smart Money Choice
Major crypto investors are increasingly turning to RCO Finance (RCOF), leading to a surge in demand for its native token, RCOF. This is because RCO Finance (RCOF) has successfully developed an outstanding crypto trading platform for savvy investors looking to diversify their portfolios.
With over 120,000 tradable assets across more than 12,500 asset classes worldwide, RCO Finance (RCOF) has not only made cross-trading between real-world assets and digital assets seamless and possible but also given investors a chance to invest in Spot Bitcoin ETFs.
RCO Finance (RCOF) is equally geared to making Ethereum and Solana ETFs available after successful approvals. Given its user-friendly interface, lack of KYC requirements, and rigorous smart contract audits by SolidProof, the platform has also prioritized accessibility, security, and privacy.
Moreover, RCO Finance (RCOF) has integrated a Robo Advisor designed to offer automated market-making services to investors. It uses sophisticated market analysis results to provide investment strategies that align with each investor’s financial goals, portfolio size, and risk tolerance.
Ethereum ETFs Anticipate Approval This Week
On May 23, the US Securities and Exchange Commission (SEC) approved eight spot Ethereum ETF applications to be listed and traded on US exchanges Nasdaq, CBOE, and NYSE, paving the way for approvals of the actual funds later this year.
Since then, the broader crypto market has anticipated this approval, which intensified after a recent Reuters report suggested that the approval could happen as soon as July 4. Following the news, Ether’s (ETH) price has rallied by 4.32%, lifting the broader crypto market.
Notably, crypto analysts speculate that this could signal the start of another crypto bull run. Top crypto research firms K33 and Galaxy Research predict that Ethereum ETFs could attract over $5 billion in capital inflows within the first few months after approval.
Solana ETFs Poised To Propel Solana To ATH
News of Solana ETFs has also made crypto news headlines following filings for spot Solana ETFs made by top investment firms VanEck and 21Shares with the US SEC on June 28 and 29, respectively. Both firms revealed they plan to list their Solana ETFs on CBOE if approved.
Following these filings, Solana’s (SOL) price surged, gaining 16% over the past week to reach $148.64 as of press time. With this performance, the coin surpassed Bitcoin (BTC) and Ethereum (ETH), gaining only 0.7% and 2%, respectively.
While the broader crypto market anticipates the progress and subsequent approval of these filings, top market experts predict that this could be the catalyst that propels Solana (SOL) above its 2021 all-time high this year. Being just 43% shy of the high, this seems plausible.
RCO Finance’s Presale Anticipates A Major Surge
RCO Finance’s (RCOF) presale has created a pathway for investors to access its Robo Advisor and seamlessly invest in the anticipated Ethereum and Solana ETFs with high-leverage options of up to 1:1000. Given this strategic positioning, the presale has caught the attention of institutional traders.
This is reflected in its performance data: despite being in Stage 1, it has already sold over 38 million presale tokens, with almost $50,000 raised in funding. Moreover, RCO Finance’s (RCOF) robust tokenomics, detailed roadmap, solid value propositions, and secure infrastructure further enhance its appeal.
Given its low altcoin price of $0.01275, these smart money investors are poised to maximize their presale returns, as analysts predict that the tokens could trade between $0.4 and $0.6 at launch, representing a 50x increase from the current price.
For more information about the RCO Finance (RCOF) Presale:
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.