The German government has unleashed a whopping 16,000 BTC on the market, and the US government may potentially follow suit. Amidst the ongoing Bitcoin (BTC) sell-offs, investors are placing their hopes on tokenized ETFs to counteract losses, engaging innovative platforms like ETFSwap (ETFS) to gain access to a wide range of ETF offerings.
German Government Sells Off 16,000 Bitcoin (BTC)
The German government and the US government have been on a major Bitcoin (BTC) selling spree, dumping thousands of Bitcoin (BTC) worth millions of dollars. Data from blockchain analytics platform Arkham Intelligence has revealed that the German government has sold over 16,000 BTC worth more than $927 million.
Previously, the German government held more than $2 billion in Bitcoin (BTC), but after executing multiple Bitcoin (BTC) sales, its total holdings have been reduced to $1.38 billion. While the reason behind the German government’s persistent Bitcoin (BTC) sell-offs is uncertain, the unabating selling pressures have harmed Bitcoin’s price.
Due to the declining market, the US government may be tracking in Germany’s footsteps to sell Bitcoin (BTC). On June 26, Arkham Intelligence disclosed that the US government had sent 3,940 BTC valued at approximately $240 million to crypto exchange Coinbase Prime.
The blockchain analytics platform reported that the US government had originally seized substantial Bitcoin (BTC) holdings from a narcotics trafficker, Banmeet Singh, earlier in January.
While the US government has sold significantly less Bitcoin (BTC) than the German government recently, the continual sell-offs have triggered fear and uncertainty in the market, pushing Bitcoin’s price to trade below $58,000.
ETFSwap (ETFS) Offers Diversified ETF Investments Amidst Market Uncertainty
As the German government continues to sell its Bitcoin (BTC) holdings, and the US government potentially follows suit, investors are turning towards ETFSwap (ETFS) to offset losses from Bitcoin’s massive downturn. Many investors have lost substantial profits from Bitcoin’s recent crash and are now looking for better investment opportunities with higher profit potential.
ETFSwap (ETFS) has emerged as an innovative crypto and ETF platform that offers investors the opportunity to maximize investment returns through tokenized ETF trading. This platform offers a safe and highly decentralized space for users to execute ETF trades, enjoying high liquidity and taking advantage of the numerous trading solutions offered byETFSwap (ETFS).
By trading tokenized institutional ETFs on ETFSwap (ETFS), investors can potentially amplify their perpetual trading profits by up to 10X and earn high yields of up to 87% APR. This platform helps users mitigate investment risks by offering diversification through its vast institutional ETF offerings. These tokenized ETFs are backed by real-world assets and offer access to various commodities and valuable resources.
Highlighting its amazing features, ETFSwap (ETFS) offers real-time market data to keep investors up-to-date on all ETF market trends and movements. This platform also offers customized ETF trading strategies and high-level ETF recommendations using sophisticated AI-based algorithms which analyze the digital asset market and vast amounts of historical data.
Additionally, ETFSwap (ETFS) employs high-level security protocols to keep users’ assets safe and has undergone a stringent audit by a leading cybersecurity and blockchain audit firm, CyberScope.
Presently, ETFSwap’s public sale is ongoing and investors are purchasing its native token, ETFS to potentially reclaim losses from broader market decline. The tokens are available at a very discounted price of $0.01831. However, analysts have projected a massive 108X surge in value following the launch of new crypto ETFs in the market.
By the second stage of ETFSwap’s presale, the ETFS token is expected to soar to $0.03846. This anticipated surge will be fueled by the rising demand for tokenized ETFs, potentially spurred by the German government’s BTC sell-offs and the possibility of similar actions by the US government.
Maximize Investment Returns With ETFSwap’s Presale
Investors can join ETFSwap’s ongoing presale to potentially maximize their investment returns as they purchase ETFs and trade their assets on the blockchain. This platform empowers users with all they need to optimize their trades and increase their chances for a favorable trading outcome. The presale has already recorded over 15,000 new investors and sold more than 300 million ETFS tokens. Interested investors can join the presale today to buy ETFS early at a discounted price before the presale concludes.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
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