Crypto platform ETFSwap (ETFS) is experiencing a surge in interest following the approval of Spot Ethereum ETFs. The decentralized exchange (DEX) allows users to buy and trade institutional tokenized ETFs, either by swapping cryptocurrency assets or using ETFS's native token. The platform has enhanced its security protocols and transparency through blockchain technology and has eliminated KYC requirements to maintain user anonymity. ETFSwap has also been audited by blockchain audit firm CyberScope, confirming the robustness of its security.

ETFSwap offers trading features and rewards such as up to 10x leverage on all trades, 87% APR yield, and 50x on perpetual and futures options trading. Traders can stake their ETFS tokens for rewards or hold them for voting rights in ETFSwap’s governance. ETFS tokens are currently in the presale stage, selling at $0.00854, with a projected price surge to $0.01831 in the second presale stage.

Meanwhile, Ondo Finance (ONDO) has seen a decline in price despite joining BlackRock's tokenized fund initiative. The cryptocurrency is currently trading at $1.19, reflecting a 6.77% decrease in the last 24 hours. Additionally, Ethena (ENA) is predicted to experience a downturn due to market development, according to Fantom co-founder Andre Cronje.

ETFSwap has seen increased traction following the SEC's approval of Spot Ethereum ETFs, with a noticeable uptick in platform engagement and potential for further growth.