Bitcoin ETF (ETF) is a cryptocurrency project, providing the opportunity to earn profits through staking for users with a market capitalization of over 840 million USD.
What is Bitcoin ETF (ETF)?
#Bitcoin ETF (ETF) is a cryptocurrency project that benefits from the approval of the Bitcoin ETF fund. The project has a sustainable plan and operating method, is supported by an enthusiastic community and provides staking opportunities for investors. The platform plans listings on many popular exchanges and expanding partnerships with cryptocurrency and meme coin influencers.
The project launched on October 18 and currently has a market capitalization of over 840 million USD. This makes Bitcoin #ETF an attractive choice for investors and promises the ability to grow rapidly in the future.
Features of Bitcoin ETF
Rrenounced contract: The project decided to remove copper after one hour of launch to improve safety, increase the ability to achieve goals and optimize profits for consultants.LP locking: The project implements LP locking from the beginning to create safety and create conditions for investors to confidently participate in the staking process. This also protects the token value from negative market movements.4% tax: All token swaps are subject to a 4% tax, which significantly affects participants' profits and should be considered during the investment process.Maximum supply: Bitcoin ETF limits its maximum supply to 1,000,000,000 ETF tokens. The large amount of supply will impact the value of the token in the market.
Tokenomic
Token name: Bitcoin ETFSymbol: ETFStandard: #ERC-20 Contract: 0xa09e6f797223af66f3088ab8df35b2419165ea07Blockchain: #Ethereum Total supply: 1,000,000,000 ETFMaximum supply: 1,000,000,000 ETFSelf-reported circulating supply: 1,000,000,000 ETF
Token allocation

Liquidity: 52%Marketing: 6%Staking funds: 9%Burnt: 25%Exchange funds: 8%
Where can you buy ETF tokens?
Investors can buy ETF tokens at popular exchanges such as Uniswap, Uniswap, DODO (Ethereum) và OpenOcean. According to CoinMarketCap, the token is down 9.44% over the past 24 hours. Currently, the token trades at around 0.00079 USD. Bitcoin ETF's 24-hour volume is 94,126 USD, up over 104%. The project's capitalization reached more than 840,673 USD.

Roadmap
Phase launch:
Deploy smart contracts.Announcement of Liquidity Pools and LP lock.
Phase one:
Owns 100 thousand USD market capitalization.Listing on CoinMarketCap, Coingecko and other platforms.Implement marketing strategy and invite KOLs.Staking v1.
Phase two:
Increase market capitalization to one million USD.Continue marketing campaigns with the participation of KOLs.Onramp service integration.
Phase three:
Increase market capitalization to five million USD.Promote media marketing thanks to KOLs.Host a meme contest.
Conclude
Bitcoin ETF is a newly launched project, attracting great attention from the community. With high growth in recent times, the platform affirms its strong development potential in the future. However, investors need to research carefully before making a decision.
$BTC

ProShares, a strategic investment fund management company, has announced the launch of a short Ether-linked #ETF .
The new ProShares ETF is set to trade on the New York Stock Exchange Arca (NYSE) under the ticker symbol SETH. This strategic fund is designed to offer investors an opportunity to profit from the volatility of #ETH.
Similar to other cryptocurrency-linked ETFs, SETH seeks market exposure through Ether futures contracts.
Michael Sapir, CEO of ProShares, stated that SETH addresses the challenges of short-term access to ETH, which can be difficult and costly for investors. #ProShares aims to provide profit opportunities even when Ether is rising or falling, through the convenience of traditional brokerage accounts.
ProShares announced this news as #ETH experienced a slight decline after a period of growth. At the end of "Optober," ETH was trading at $1,798, a 3.93% decrease over the past 24 hours. #BTC fell below $35,000 after reaching a new record on November 2. Currently, BTC is trading at $34,666, representing a 2.96% decrease.
SETH is the latest investment product to join ProShares' list of ETFs related to Bitcoin and Ether.
In October 2021, ProShares introduced a #Bitcoin Strategy ETF, one of the first Bitcoin-related ETFs in the United States. In June 2022, the company continued its expansion with a Short Bitcoin Strategy ETF, aiming to provide short-term investments in Bitcoin when prices drop below $20,000.

The defining difference between centralized and decentralized finance is the involvement of an exchange. In centralized finance, the system is governed by exchanges. Whereas in decentralized finance, it is technology-dependent. DeFi users access financial services through DApps as discussed before.
This distinction rests on a more significant differentiator that is often overlooked. Due to the involvement of exchanges in CeFi, users transfer their risk to the exchanges. Therefore, exchanges are in charge to keep users’ funds safe.
In DeFi, these intermediaries are cut off. The transactions happen on the belief that smart contract protocols will work well. 
There are some other differences as well. For example, centralized finance helps with fiat to crypto conversions and cross-chain solutions. If required, centralized finance is also able to move funds to help its customers or to block trading in case of a negative event such as a hack. On the other hand, DeFi is considered more transparent and non-intrusive because it does not ask for any personal information of the customer and is non-custodial. DeFi can also not block trading or put restrictions on users whereas CeFi can.

#DeFiCeFi #DeFiChallenge