Crypto ETFs have been going forward at a pace since the Bitcoin ETF got put through with the latest news that a Cardano ETF may be on the way soon. Investment advisory firm Tuttle Capital Management filed for a 2x leveraged Cardano ETF. This can be either very good or outright disastrous for Cardano (ADA). Cardano’s market cap increased significantly in 2024, but January 2023 saw the first Cardano market cap retraction since April last year. This is an uncertain time, and Cardano ETF or no Cardano ETF, investors do not like uncertainty. This is why investors are looking for safer havens in presales like the one currently on offer from the new online casino Rollblock (RBLK).
Cardano (ADA): 2x leverage Cardano ETF on the cards
Connecticut-based wealth management firm Tuttle Capital Management has recently applied for a 2x leveraged Cardano ETF. This is exciting but brings dangerous waters. The net effect of this Cardano ETF is that any gains Cardano makes will be leveraged twice to double the profit. But, should the Cardano price tank, then the Cardano ETF will suffer twice the loss.
Looking at Cardano’s performance critically, its market cap tells an interesting story. It reached its peak in September 2021, when its market cap reached $77.4 billion. Since then, it’s been all downhill for Cardano. Cardano’s market cap plunged to less than $9 billion in September 2023 before having quite a lucrative 2024. And now the market cap is down again…
This illustrates great market uncertainty, and one must have a high-risk profile to want to enter a 2x leveraged Cardano ETF. Yes, there is money to be made, but in rough seas, a safe harbor may be a better option.
Rollblock (RBLK): The safer investment in uncertain times.
When the markets are up and down like a roller coaster, the wise investor seeks to escape the volatility until the markets become more predictable. Presale offers are the best way to ride out market uncertainty because the prices are fixed, and returns are guaranteed.
Rollblock, a new online gambling platform, is taking the lion’s share of investor interest here and has amassed almost $10 million in liquidity. Rollblock’s big drawcard is that it is a going concern, providing players with over 7,000 games with live dealers, sports betting, and a host of other options.
Rollblock’s presale is an investment opportunity to get in on an endeavor with a proven track record. And an ‘investment’ it is! Like traditional investments, Rollblock offers its token holders a weekly payout of the casino income. Not many cryptocurrencies offer that! It is literally money for nothing, with the Rollblock scheme rewarding investors for merely holding the token. And since the Rollblock product offering is not subservient to the swings and roundabouts of market whims, the Rollblock investment is one of the most stable options one can find in turbulent times.
Conclusion
The Cardano ETF option may look lucrative, but with its wild market cap fluctuations and the crypto markets unable to pick a direction, it may be wise to sail close to the shore for a while. This is where the Rollblock crypto presale comes in. It’s a safe haven for serious investors.
Rollblock is now available at $0.052 during presale directly from the website.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
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