$BTC $ETH $BNB In January, US financial authorities allowed investment banks to begin selling a new financial product linked to bitcoin, called spot bitcoin ETFs.
Investment firms that applied to launch such ETFs in mid-February began buying bitcoins by the thousands, as everyone from hedge funds to stock market traders bet on bitcoin's price. Bought ETFs to invest while not owning a single coin.
According to K33 research, as of February 29, 933,000 coins had already been allocated or purchased and are currently held by banks for these new financial products.
Analysts at K33 believe that the most coins in this case are held by Grayscale, which started as a digital currency investment bank. The company is estimated to have around 450,000 bitcoins. Other major companies include BlackRock (150,000) and Fidelity (102,000).
Most online crypto users are celebrating the increase in their personal wealth due to the rise in value of Bitcoin through increased demand from banks, but some have criticized the concentration of power and wealth in the traditional regulated banking system. Expressed concerns. #writw2earn
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$ICE Can touch 0.0020 within 3 days!! 👀 { But always remember there is always dump before a huge pump 🔥🔥 }............
Why $ICE is going down? 📉 🔸Community received $ICE Mining Rewards so they are selling and selling pressure is high even buying pressure is medium but due to selling pressure coin is dumping....
When can $ICE pump? 📈 🔸When all the so called miners would be sold their all coins and selling pressure would be much lower than now. And $ICE would be growing as its project is best and getting something new everytime for the community and project 🔥🔥... As now has to be come and many thing like app, ice burning, ION Blockchain, ICE ID, ICE NET, ICE CONNECT, ICE , ICE etc....
These are the things which can pump up $ICE to the moon and would like to add so things more like Now $ICE has 6.6 billion supply supply in circulation and 21 billion is totally supply from which around 70℅ is locked 14.4 billion coins for 5 years which will be unlocked .. You can read it about ice.io that how the coins will unlocked and for what!! And if @ listing and @Bybit_Official listing happens then the price would be high...
Conclusion :- Ice coin selling hard now by community..
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