How to Buy Bitcoin ETF Token in 2024 – Beginners Guide

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Bitcoin ETF Token is a new crypto token building on the excitement around the potential launch of the first US Bitcoin ETF. The project offers a chance for investors to speculate on the ETF launch and introduces a unique token burn mechanism that’s tied to the ETF rollout.

Bitcoin ETF Token has the potential to be the next big crypto launch, and investors can buy $BTCETF on presale today before it hits exchanges. In this guide, we’ll take a closer look at the $BTCETF presale and explain how to buy Bitcoin ETF token.

Bitcoin ETF Token Presale Key Points

Here are the most important things investors need to know about the Bitcoin ETF Token presale:

  • Bitcoin ETF Token ($BTCETF) is a new cryptocurrency with a token burn tied to milestones in the launch of the first US Bitcoin ETF.
  • The project plans to burn 25% of the total token supply over 5 milestones, the last of which is Bitcoin reaching $100,000.
  • $BTCETF is available to buy now on presale at $0.0056 per token.
  • The presale raised more than $1.4 million in just a few weeks since its launch.

How to Buy Bitcoin ETF Token ($BTCETF) – A Five-Step Beginner’s Guide

$BTCETF token is available to buy now during the Bitcoin ETF Token presale. The presale accepts Ethereum, Tether, or credit card, making the buying process as simple as possible.

Here’s how to buy Bitcoin ETF Token right now.

Step 1: Create a Crypto Wallet

Investors must have a crypto wallet that can hold ERC-20 tokens in order to buy $BTCETF during the presale. We recommend using MetaMask, which is free, secure, and available for mobile devices and browsers.

Visit the MetaMask website to download the wallet and install it in a browser. Open MetaMask and create a strong password for the wallet. Write down the seed phrase and store it somewhere secure.

WSM

Step 2: Buy ETH or USDT

Investors must swap $ETH or $USDT for $BTCETF during the presale. Investors who don’t already own cryptocurrency can purchase these tokens through a centralized crypto exchange such as Binance or Coinbase. These exchanges accept credit and debit cards, bank transfers, and other fiat payment methods to buy cryptocurrency.

After purchasing $ETH or $USDT, send the tokens to the MetaMask wallet set up in Step 1.

Step 3: Connect to the Bitcoin ETF Token Presale

Head to the Bitcoin ETF Token presale site and click ‘Connect Wallet.’ Select MetaMask and then follow the prompts to authorize the connection.

Connect to Bitcoin ETF Token Presale

Step 4: Buy $BTCETF

Enter the amount of $BTCETF tokens to purchase in $ETH or $USDT. The presale site will automatically calculate the equivalent number of $BTCETF tokens after blockchain transaction fees. Click ‘Buy $BTCETF Tokens’ to complete the transaction.

Buy Bitcoin ETF Token During Presale

Step 5: Claim $BTCETF Tokens

$BTCETF tokens purchased during the presale aren’t available right away. Instead, they will be released to presale investors after a token generation event following the end of the presale. At this time, investors should return to the Bitcoin ETF Token presale site and click ‘Claim Tokens’ to transfer them to their wallet.

Keep an eye on Bitcoin ETF Token’s Twitter and Telegram channels for updates about when purchased tokens will be ready to claim.

What is Bitcoin ETF Token?

Bitcoin ETF Token is a new cryptocurrency building on the excitement around the first spot Bitcoin ETF in the US. While there’s no timeline yet for when a Bitcoin ETF could launch, many analysts believe the SEC could approve the first ETF in December and that trading could start in 2024.

Bitcoin ETF Token is not tied to the price of Bitcoin or a Bitcoin ETF. Instead, it offers a way to speculate on the progress towards an ETF launch and the price of Bitcoin.

Bitcoin ETF Token presale

The token has a unique burn mechanism that is tied to real-world events. Each time a milestone in the development and launch of a spot Bitcoin ETF is reached, 5% of the total supply of Bitcoin ETF Token will be removed from circulation and burned.

Each burn is expected to cause a significant jump in the price of $BTCETF since it will reduce the token supply. So, as the US gets closer to launching a Bitcoin ETF, the $BTCETF token is likely to become more valuable.

Presale Started November 2023
Purchase Methods ETH, USDT
Chain Ethereum
Hard Cap $4,956,000
Min Investment None
Max Investment None

The Push for a Bitcoin ETF

In order to understand the Bitcoin ETF Token, investors need to be aware of the long campaign to launch a Bitcoin ETF in the US. Here’s a brief timeline of recent events:

  • 2013: Investment firm Grayscale launched the first Bitcoin trust for accredited investors. The trust holds a large amount of Bitcoin and Bitcoin futures, but does not exactly match the price of Bitcoin like a spot ETF would.
  • 2015: The Grayscale Bitcoin Trust received permission to trade publicly under the ticker GBTC, making it available to all investors.
  • October 2021: Grayscale applied to the SEC to convert its Bitcoin trust into the first spot Bitcoin ETF. A Bitcoin ETF’s price would exactly track the price of Bitcoin.
  • June 2022: The SEC declined Grayscale’s application for a Bitcoin ETF. Grayscale immediately sued the SEC over this decision.
  • August 2023: Grayscale won its lawsuit against the SEC. The court found that the SEC’s reasoning for denying the ETF application was arbitrary.
  • October 2023: SEC announced it will not appeal the ruling in favor of Grayscale, clearing the way for a new review of Grayscale’s application for a spot Bitcoin ETF.

In the past year, several other investment firms have also entered the race to create spot Bitcoin ETFs. Blackrock, ARK Investment, and Fidelity have all submitted applications for ETFs, although the SEC has postponed decisions on these applications.

Bitcoin ETF News

Analysts expect that the SEC will approve Grayscale’s application to convert the Grayscale Bitcoin Trust into an ETF in December. However, this is not guaranteed and the SEC could find a new reason not to approve a spot Bitcoin ETF.

Bitcoin ETF Token Burn Milestones

Bitcoin ETF Token is designed to burn 5% of the total token supply at each of 5 milestones in the development and adoption of a spot Bitcoin ETF. The milestones are:

  1. $BTCETF achieves 24-hour trading volume of $100 million
  2. The SEC approves the first Bitcoin ETF in the US
  3. The first spot Bitcoin ETF launches
  4. Bitcoin ETFs reach total assets under management worth $1 billion
  5. The price of Bitcoin closes a daily candlestick above $100,000

By the time all 5 milestones are reached, 25% of the total supply of Bitcoin ETF Token will have been burned.

Bitcoin ETF Token Burn Milestones

These milestones could happen fast. Once a spot Bitcoin ETF begins trading, 77% of financial advisors say they plan to recommend it to their clients. So, it may be just months between when $BTCETF launches and Bitcoin ETFs reach $1 billion in assets under management.

In addition, Bitcoin ETF Token has a tax on token selling that will decrease with each milestone. The sell tax starts at 5% and decreases by 1% when each milestone is reached. After the 5th milestone, the sell tax will disappear entirely.

Tokens collected through the sell tax will be burned. This incentivizes investors to hold onto their $BTCETF tokens until all of the milestones are achieved.

Bitcoin ETF Token Tokenomics & Presale

Bitcoin ETF has a total supply of 2.1 billion tokens.

40% of the tokens (840 million) are available to buy during the presale. 25% (525 million) are set aside for staking rewards and another 25% are set aside for milestone burns. The remaining 10% of tokens (210 million) are reserved for liquidity during the token launch.

The Bitcoin ETF Token presale is split into 10 stages, with the price increasing from $0.0050 in the first stage to $0.0068 in the final stage. Here’s a breakdown of the presale stages.

Presale Stage Token Price Amount of Tokens USD Value
Stage 1 $0.0050 84,000,000 $420,000
Stage 2 $0.0052 84,000,000 $436,800
Stage 3 $0.0054 84,000,000 $453,600
Stage 4 $0.0056 84,000,000 $470,400
Stage 5 $0.0058 84,000,000 $487,200
Stage 6 $0.0060 84,000,000 $504,000
Stage 7 $0.0062 84,000,000 $520,800
Stage 8 $0.0064 84,000,000 $537,600
Stage 9 $0.0066 84,000,000 $554,400
Stage 10 $0.0068 84,000,000 $571,200

The Future of Bitcoin ETF Token: The Roadmap

The team behind Bitcoin ETF Token has laid out a 4-part roadmap for the future of this token:

  • Presale: The Bitcoin ETF Token presale is a fair presale open to anyone. It will end when the hard cap of $4,956,000 is reached.
  • Pre-launch: Ahead of the $BTCETF token launch, the project team is marketing Bitcoin Token ETF to make more people aware of it and grow the community.
  • $BTCETF Launch: $BTCETF plans to launch on decentralized exchanges. The 5% tax and burn when investors sell their tokens will take effect immediately.
  • 25% Token Supply Burn: As each burn milestone is reached, 5% of the total $BTCETF supply will be burned. Eventually, 25% of the total initial supply will be burned.

Why Buy Bitcoin ETF Token During the Presale?

The main reason why investors should buy Bitcoin ETF Token during the presale is that it offers tremendous appreciation potential.

To begin with, investors in the first stage of the $BTCETF presale stand to earn unrealized gains of 36% by the final stage of the presale. That’s a significant return simply for investing sooner rather than later.

The Bitcoin ETF Token launch promises to be explosive. Whereas many tokens experience massive selling during their launch, this is less likely for $BTCETF thanks to the sell tax. Presale investors who sell their $BTCETF tokens right away will be penalized with a 5% sell tax, incentivizing them to hold. As a result, demand is likely to outpace supply during the launch and the price of $BTCETF may move sharply higher.

Over the longer term, the supply of $BTCETF will continue to decrease thanks to the sell tax and burn and Bitcoin ETF milestone burns. Demand is likely to spike each time there’s news about Bitcoin ETF development, helping push up the price of Bitcoin ETF Token.

Bitcoin ETF Token also plans to roll out staking rewards, which will further encourage investors to hold onto their $BTCETF.

While crypto analysts have not yet weighed in on Bitcoin ETF Token, the project has the potential to be the next cryptocurrency to explode.

Bitcoin ETF Token Price Prediction – What is $BTCETF’s Potential?

Bitcoin ETF Token is a first-of-its-kind cryptocurrency. A spot Bitcoin ETF has never launched in the US before, and no token to our knowledge has tied major token burns to regulatory events like a spot ETF approval by the SEC.

This makes it difficult to accurately predict the potential price of Bitcoin ETF Token. However, we’re bullish on $BTCETF and forecast that it could experience a gain of 10x or more from today’s presale price by the time the 5th and final burn milestone is reached.

The combination of sell tax and staking rewards ensures that few $BTCETF will make it onto the market, keeping prices high. The milestone burns will build anticipation and provide upward jolts to the token’s price.

If our 10x prediction is correct, Bitcoin ETF Token could ultimately reach a market cap of more than $50 million and a token price over $5.

Conclusion

Bitcoin ETF Token is a new token that promises to reward investors as the US moves closer to its first spot Bitcoin ETF. The project plans to burn up to 25% of its total token supply over 5 milestones, plus uses a sell tax and staking rewards to encourage investors to hold onto their $BTCETF.

Early investors can buy Bitcoin ETF Token today on presale at a price of only $0.056. The presale is off to a hot start and has raised more than $1.4 million in a few weeks.

References

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Michael Graw
Crypto Expert
Michael Graw
Crypto Expert

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.

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