ARK and 21Shares Set Sights on Ethereum Futures ETF; XRP, XMR, $ROE on Whales’ Radar


In the ever-evolving landscape of cryptocurrency investments, it’s crucial to identify the best crypto investment opportunities, whether they be in well-established crypto coins or promising altcoins. In recent developments, investment giants ARK Invest and 21Shares are making significant strides by venturing into the Ethereum futures exchange-traded fund (ETF) arena. 

Let’s explore the significance of the Ethereum futures ETF applications made by these firms, as well as explore why XRP, XMR, and the $ROE token are gaining the attention of crypto whales.

Ethereum Futures ETF: ARK and 21Shares Collaboration

Investment powerhouses ARK Invest and 21Shares have forged a strategic partnership to pursue Ethereum futures exchange-traded funds (ETFs). This move comes on the heels of reports indicating that the United States Securities and Exchange Commission (SEC) may soon commence approvals for such applications. 

The collaborative efforts have resulted in the proposal of two Ethereum futures ETFs: the “ARK 21Shares Active Ethereum Futures ETF” (ARKZ) and the “ARK 21Shares Active Bitcoin Ethereum Strategy ETF” (ARKY). These proposals were officially filed with the SEC on August 24.

This development underscores the growing interest in Ethereum and its derivatives within the traditional finance and investment sectors. Ethereum, often dubbed the “digital oil” of the blockchain industry, has garnered widespread attention due to its smart contract capabilities and its transition from a proof-of-work to a proof-of-stake consensus mechanism through the Ethereum 2.0 upgrade.

Borroe Finance: A Rising Star in DeFi

Amid the excitement surrounding Ethereum and its potential futures ETFs, Borroe Finance’s native token, $ROE, has emerged as a prominent player in the decentralized finance (DeFi) space. 

The innovative platform offers a unique proposition to the Web3 community, allowing users to convert their future recurring income into Non-Fungible Tokens (NFTs). These NFTs can then be sold at a discount to buyers for upfront cash, with full repayment guaranteed on a fixed date.

Borroe Finance stands out due to its integration of advanced technologies, including AI-powered risk assessment, robust blockchain infrastructure, and streamlined payment solutions. These features ensure a secure and efficient fundraising process, enabling buyers to seamlessly trade future recurring revenue NFTs directly with each other on secondary markets. This, in turn, fosters a truly peer-to-peer ecosystem.

A unique aspect of Borroe Finance is its fee structure associated with the $ROE token. A 3% buy tax is applied, with allocations of 1% for burning, 1% for rewards, and 1% for marketing. 

On the selling side, there is also a 3% tax, which serves as an incentive for long-term holding, aligning the interests of investors with the project’s success. Experts have also earmarked Borroe as one of the best altcoins to invest in today


XRP: The Ripple Effect

Turning our attention to established cryptocurrencies, Ripple (XRP) continues to be a topic of interest among investors. Known for its rapid cross-border payment capabilities, Ripple aims to revolutionize the traditional financial system. With its strong focus on enhancing efficiency and reducing costs, XRP has garnered a dedicated following in the crypto community.

Monero (XMR): Privacy and Security

Monero (XMR) is another established cryptocurrency gaining attention. Recognized for its commitment to privacy and security, Monero transactions are confidential and untraceable. This unique feature appeals to users seeking enhanced anonymity in their digital transactions.

Bottom Line

As investors explore their options in the crypto market, it’s essential to consider the distinctive features and potential of each asset. While Ethereum futures ETFs represent a significant step in bridging traditional finance with the crypto space, promising projects like Borroe Finance, established cryptocurrencies like XRP, and privacy-focused assets like Monero continue to capture the imagination of investors.

Learn more about Borroe ($ROE) here:

Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter 

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