Robinhood plans to record Bitcoin ETF quickly as this new hybrid alternate joins the race

• Robinhood to record SEC-approved Bitcoin ETFs, aligning with the convergence of crypto and finance.
• Pullix, powered by PLX token, introduces a hybrid crypto alternate.
• The PLX token pioneers “Commerce-to-Earn” within the DeFi house.

In a significant growth for the crypto house, buying and selling app Robinhood is gearing as much as record spot Bitcoin exchange-traded funds (ETFs) after the current approval by the SEC. This transfer comes as a response to the SEC’s historic determination to green-light 11 spot Bitcoin ETFs, marking a pivotal second on the planet of cryptocurrency buying and selling.

Meantime, as Robinhood units its eyes on the Bitcoin ETF market, a brand new hybrid cryptocurrency alternate platform known as Pullix scheduled for launch this January is making waves within the crypto house.

Robinhood’s foray into Bitcoin ETFs

Robinhood CEO Vlad Tenev took to social media to share the platform’s eagerness to record the 11 newly authorized spot Bitcoin ETFs. Emphasizing Robinhood’s pioneering position in providing spot crypto buying and selling, Tenev expressed the corporate’s thrill concerning the SEC’s determination and outlined plans to make these ETFs out there on the Robinhood platform.

Thrilling replace from Washington right now! As a pioneer in providing spot crypto buying and selling, Robinhood is thrilled concerning the @SECGov‘s determination to approve spot Bitcoin ETFs. We have been forward of the curve in crypto entry, and we plan to record these ETFs on @Robinhoodapp as quickly as…

— Vlad Tenev (@vladtenev) January 10, 2024

This strategic transfer aligns with Robinhood’s ethos of offering early entry to cryptocurrencies and seamlessly integrating digital property with conventional finance. Tenev believes that this milestone not solely brings transparency to the crypto market but in addition creates alternatives for superior threat administration instruments, benefitting customers managing their digital asset investments.

Robinhood, recognized for democratizing entry to monetary markets, goals to bridge the hole between conventional finance and the rising crypto panorama. With instructional supplies on Bitcoin, ETFs, and threat administration methods, the platform positions itself as a facilitator for mainstream engagement with digital property, anticipating this pattern to proceed with SEC-approved Bitcoin ETFs.

Pullix: the brand new hybrid crypto alternate

In parallel to Robinhood’s Bitcoin ETF announcement, one other participant is getting into the crypto area – Pullix. This new decentralized finance (DeFi) protocol introduces a hybrid alternate, seamlessly combining the strengths of centralized and decentralized exchanges right into a unified platform. Pullix’s native token, $PLX, takes centre stage as a “Commerce-to-Earn” cryptocurrency, permitting customers to earn a share of the day by day revenues generated by the alternate.

Pullix’s progressive strategy addresses liquidity issues within the DeFi house, providing a unified platform for seamless entry to liquidity and world asset buying and selling. With a dedication to consumer safety, Pullix ensures that customers retain custody of their property, eliminating the necessity to belief third events with their funds. The platform gives a spread of options, together with margin buying and selling, institutional instruments powered by AI, and a singular revenue-sharing mechanism by way of the $PLX token.

Do you have to spend money on Pullix (PLX) now?

The PLX token is positioned as a game-changer within the crypto market, introducing a “Commerce-to-Earn” mannequin the place customers earn on the spot rewards for buying and selling on the platform. Holders of $PLX not solely profit from buying and selling but in addition take part within the day by day income of the alternate, incomes a set passive revenue by offering liquidity to automated market makers.

The tokenomics of $PLX are designed to advertise utility, encourage dealer engagement, assure sustainability, and foster platform progress. With a set provide, token-burning mechanisms, and staking rewards, Pullix goals to create a well-balanced ecosystem the place each stakeholder experiences mutual advantages. The platform’s distinctive options, together with deep liquidity, leverage, and privacy-focused consumer accounts, contribute to its attraction within the aggressive DeFi house.

If , you possibly can go to Pullix’s official web site and take part within the ongoing PLX token presale. The presale stage is at the moment in its sixth stage and has raised greater than $3.3 million. The PLX token goes for $0.08 though the value is scheduled to rise within the subsequent 15 days because it enters the subsequent presale stage.