Institutional Investors Sell Their Bitcoin ETFs to Switch to ETFSwap
According to an X (formerly Twitter) post from popular blockchain account Lookonchain, Bitcoin ETFs have seen a total outflow of 10,428 BTC over the past seven days, which is equivalent to $601 million. This reduction in their Bitcoin (BTC) holdings signals a change in sentiment among institutional investors. However, the reason for this move is still unknown. Some members of the crypto community believe that institutional investors are selling their holdings as a profitable move, while others believe that they want to diversify their portfolios into other altcoins.
Furthermore, recent reports indicate that many institutional investors who sold their Bitcoin ETFs have switched to the bustling ETF trading platform ETFSwap (ETFS), in order to take advantage of its 100x potential.
ETFSwap: Reshaping the Institutional ETF Market
The ETFSwap Platform (ETFS) is reshaping the Institutional Exchange Traded Fund (ETF) market with advanced features and up to 100x returns. ETFSwap (ETFS) bridges the gap between institutional markets and decentralized finance (DeFi) protocols, allowing traditional investors to benefit from the innovation of DeFi while trading ETFs. To achieve this, the altcoin subscribes to ETFs on its decentralized platform.
The ETF trading platform partners with MiCa-compatible investment banks to seamlessly process a wide range of cryptocurrencies and securities. As a result, all assets signed by the altcoin are backed by securities and real assets. This is a great indicator that ETFSwap (ETFS) is a long-term project.
The altcoin promises institutional investors and other types of investors a 100x return on their investment through its ongoing presale. At an affordable price of $0.03846, investors are encouraged to buy the ETFSwap (ETFS) presale before it’s too late. More than 500 million tokens have been sold in the presale and are still in high demand. The token is expected to reach $2 when it hits major exchanges, which translates to an ROI of over 100x.
ETFSwap (ETFS) prioritizes asset safety and transparency, giving investors a sense of security and trust. The team members have gone through and passed a proper KYC verification process by SolidProof, which underscores its transparency. CyberScope also conducted a comprehensive audit of its smart contracts and no issues were found.
While the DeFi altcoin is great in terms of reliability and transparency, it allows investors to trade anonymously and fully enjoy decentralization. As a result, investors do not have to go through a KYC verification process before trading ETFs and cryptocurrencies. This eliminates third-party interference, making the altcoin a perfect choice for small and mid-market investors.
With Altcoin 100x, investors can participate in staking activities and earn rewards. All they need to do is add their assets to the ETF pools on the platform. Their returns increase as the platform’s volume increases. Moreover, team investors are provided with liquidity for trading on different markets.
The ETF Screener and Tracker AI tool is a highly effective trading tool that helps investors choose the right investment opportunities. This AI technology uses algorithms that analyze data, patterns, trends, and sentiment to predict and recommend ETF investments that will lead to exciting returns.
Discount
The move by institutional investors to sell their Bitcoin holdings and invest in the ETFSwap presale will certainly increase the demand for ETFS tokens in the coming days. As experienced investors know, demand usually leads to an increase in the value of the token. Buying the ETFSwap (ETFS) presale now will likely result in a profitable investment.