How to Buy Bitcoin ETF Token in 2024 – Easy Guide

Viraj Randev

Last updated: March 7, 2024 12:01 EST | 11 min read

Bitcoin ETF Token ($BTCETF) is a speculative ERC-20 token linked to the fate of the upcoming Bitcoin Spot ETF approvals by the SEC. This cryptocurrency offers a deflationary mechanism, and high annual yields through its staking contract. Our how to buy Bitcoin ETF Token guide shows you how to purchase this token in a few simple steps.

Our guide also analyzes the main use cases of this new cryptocurrency and gives readers more insights into the project’s tokenomics and presale.

Bitcoin ETF Token Presale Key Points

Before investing in $BTCETF, here are a few things to know about the presale:

• Bitcoin ETF Token is an ERC-20 token that speculates on the imminent arrival of Bitcoin ETFs.
• The cryptocurrency offers staking yields – as high as 177% through its verified smart contracts.
• $BTCETF has a 2.1 billion token supply. -40% of which is being offered across ten presale rounds.
• Bitcoin ETF Token will burn 25% of its total token supply by conducting 5 burning events.
• Currently, $BTCETF is priced at $0.0056 during its ongoing presale round.

How to Buy Bitcoin ETF Token – Step-by-Step Guide

Interested investors can buy Bitcoin ETF Token ($BTCETF) through the ongoing presale right now. The sections below provide a detailed step-by-step guide on how to buy this cryptocurrency through the presale:

Step 1: Get a Cryptocurrency Wallet 

To get started, investors must download a cryptocurrency wallet that is compatible with the Bitcoin ETF Token presale. For example – MetaMask and Wallet Connect are popular options that can be used to access the presale.

When using the wallet on a desktop or laptop, simply download the extension on your browser. Alternatively, you can get the crypto wallet app via iOS or Android, and create a new account.

Step 2: Buy ETH or USDT Tokens

An ERC-20 token, $BTCETF is compatible with similar tokens such as Ethereum (ETH) or Tether (USDT). Buy one of these assets from a suitable cryptocurrency exchange. Transfer the holdings to your crypto wallet. Investors can also buy $BTCETF with a Credit card.

Step 3: Connect the Wallet to the Presale 

Now, you can visit the Bitcoin ETF Token presale website. Click the ‘Connect Wallet’ option under the order box to continue. A pop-up box displaying the available crypto wallet options will appear.

Select the crypto wallet of your choice, and follow the instructions on-screen to connect the wallet to the presale.

Step 4: Buy $BTCETF Tokens

Now, you can start filling in the details in the order box. Select the ‘ETH’, ‘USDT’, or ‘Card’ options, and the number of tokens you wish to trade. In the text below, you will see how many tokens you will receive after the transaction completes.

Click ‘Buy Now’ to complete the transaction. Investors can also select the ‘Buy and Stake’ option to instantly stake their holdings after the transaction is completed. You will be able to claim the tokens after the presale ends.

What is Bitcoin ETF Token? 

Bitcoin ETF Token ($BTCETF) is a new ERC-20 token that speculates on the upcoming Bitcoin ETF release and offers staking yields to $BTCETF token holders.

The Bitcoin ETF (Exchange-Traded Fund) will allow traders to buy and sell Bitcoin without holding the underlying asset. At the moment, the SEC is yet to confirm the release of such an ETF in the U.S. By visiting the Bitcoin ETF Token website, users can get regular updates and all the latest information on the Bitcoin ETF progress.

A deflationary cryptocurrency, Bitcoin ETF Token will burn 25% of its token supply over time. The platform will conduct burning events upon achieving 5 different milestones – each linked to real-time Bitcoin and ETF updates. Here are the milestones Bitcoin ETF Token has set:

• $BTCETF to cross a trading volume of $100 million
• SEC to approve the first Bitcoin ETF
• The official release of the Bitcoin ETF
• The Bitcoin ETF surpassing $1 billion worth of assets under management
• $BTC to trade over the $100K mark

Thus, as each milestone is reached, Bitcoin ETF Token will burn 5% of its total 2.1 billion supply. A deflationary token supply makes the asset attractive to investors seeking long-term value storage opportunities.

Moreover, Bitcoin ETF Token also charges a 5% burning tax on all transactions. The tax will reduce by 1% as each milestone is met. Read the Bitcoin ETF Token whitepaper to learn more about this cryptocurrency.

Bitcoin ETF Token Staking Utility 

The Bitcoin ETF Token offers attractive rewards to long-term token holders. The platform allows $BTCETF token holders to lock their holdings in a smart contract – which is verified by Coinsult.

This cryptocurrency will eventually launch a staking pool, where your rewards will depend on the number of tokens in the pool, and the average annual returns percentage. One of the best staking coins, Bitcoin ETF Token is offering a live APY (Annual Percentage Yield) of 177%.

Currently, more than 150 million tokens have already been locked on the staking contract. As more investors buy and stake $BTCETF during the ongoing presale, the annual yield will decrease.

BTC Token and Long-Term Volatility 

In 2007, Bitcoin became the first cryptocurrency to be launched. This proof-of-work (PoW) mechanism was created by a person who goes by the alias ‘Satoshi Nakamoto’.

More than 15 years later, Bitcoin has become one of the largest assets in the financial space, boasting a market cap of $670 billion. However, trading BTC could be a very risky investment for hedge funds and institutional investors. This is due to the high levels of volatility that surround the cryptocurrency space.

For instance, Bitcoin traded at a high of over $70,000 towards the end of 2020. Since then, the crypto plunged to below the $20,000 zone in 2022. Since these price increases and corrections are a constant for even the largest crypto in the world – a Bitcoin ETF could be the answer to such volatility.

Bitcoin ETF Token and the Rise of Bitcoin ETFs 

Bitcoin ETFs offer a more accessible and regulated way of gaining exposure to Bitcoin. The theory is that spot Bitcoin ETFs can help enhance liquidity, and provide more stabilized price movements of the cryptocurrency asset.

In fact, Bitcoin Futures ETFs give investors trading access to Bitcoin, without the need to hold the underlying asset. While many institutional investors fear the unregulated nature of Bitcoin, a Bitcoin ETF would need approval from the SEC (U.S. Securities and Exchange Commission), before going public.

At the moment, the SEC has to give their verdict on nearly ten filings of potential Bitcoin ETFs. They have until 10th January 2024, to either reject or approve the ETFs. A successful approval would make pension funds and hedge funds more open to the idea of trading Bitcoin.

In fact, large global investment corporations including BlackRock are backing the idea of a Bitcoin ETF. By linking its project milestones and token-burning events to real-time Bitcoin and spot Bitcoin updates, Bitcoin ETF Token offers rewards to investors through the $BTCETF token.

By joining the Bitcoin ETF Token ecosystem, investors can join a movement that wants to celebrate the imminent launch of Bitcoin ETFs. Simultaneously, this new cryptocurrency can be staked on a smart contract to earn huge staking yields.

Bitcoin ETF Token Tokenomics & Presale 

Currently, investors can buy $BTCETF from the ongoing presale. From a total supply of 2.1 billion tokens – 40% (840 million) have been allocated for the presale.

The presale consists of ten rounds – each allocating 84 million tokens. At the time of writing, $BTCETF is priced at $0.0056 per token. By the tenth and final presale round, the price will increase to $0.0068 per token. Thus, interested investors can buy $BTCETF at the earlier stages, before the price goes up.

Another 25% of the token supply is being offered as staking rewards. These rewards will be distributed to staked token holders over a period of 5 years. Another 10% of the token supply will be used to provide liquidity.

The remaining 25% of the supply will be burned over time – taking the maximum supply to just 1.575 billion tokens. Since the presale started just over two weeks ago, Bitcoin ETF Token has raised more than $1.4 million. The presale hard cap target is set at nearly $5 million.

Due to the deflationary tokenomics and the high staking yields, $BTCETF can undergo one of the best crypto presales in 2024.

Bitcoin ETF Token: A Look Ahead 

Bitcoin ETF Token has created a detailed roadmap to highlight some of its future objectives and goals. Let’s take a look at what lies ahead for $BTCETF:

• Stage 1: Presale – The short-term goal for Bitcoin ETF Token is to conduct a successful presale. This will help foster a loyal community of investors since a majority of the token supply is being available for low prices.
• Stage 2: Pre-Launch – The project will start marketing its cryptocurrency, and raise awareness for the importance of needing Bitcoin ETFs.
• Stage 3: BTCETF DEX Launch – After the presale, $BTCETF will be launched on decentralized exchanges. The 5% burning tax will also be activated. Once the milestones are achieved, the tax will start reducing by 1%, and 5% of the supply will be burned.
• Stage 4: 25% Token Supply Burn – The main long-term goal is burning 25% of the token supply. This will occur as Bitcoin ETF Token achieves all of its milestones.

Should you Buy Bitcoin ETF Token During the Presale

Before making an investment, it is important to know the benefits of the particular cryptocurrency. The sections below discuss why investors may choose to buy $BTCETF during the presale:

• Early Entry Level – At press time, $BTCETF is priced at only $0.0056 per token during the ongoing presale round. Not only is this an affordable investment, but investors can also buy the token before the price increases across the other nine stages.
• Deflationary Asset – One of the main features of $BTCETF is that it is a deflationary asset. In the long term, 25% of the token supply will be burned. This could be a valuable investment to hold since the reduced circulating supply can make the $BTCETF price more competitive.
• Passive Income – Through the verified Ethereum smart contract, $BTCETF token holders can stake tokens and receive high APYs. The staking pool will allocate 25% of the $BTCETF token supply over the next 5 years. At press time, Bitcoin ETF Token offers an annual staking yield of 177%.
• Referral Bonus – After purchasing $BTCETF during the presale, investors can access a unique referral link. For every purchase made using the particular link, you are rewarded 5% of the purchase as a reward for bringing forth new investors.

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

Offering a deflationary mechanism and high staking rewards, Bitcoin ETF Token is one of the best future crypto projects to invest in right now.

Currently, we are still in the early stages of the presale. However, the token is off to a promising start – raising more than $35K in one day. The short-term target is to meet the presale hard cap of $4.965 million. After the presale, we could potentially expect a huge price increase after the DEX (Decentralized Exchange) listing.

As is common with many cryptos, the price tends to soar right after the exchange listing. A listing on one of the top exchanges can help increase the trading volume as well. In the future, as Bitcoin ETF Token starts achieving its milestones such as the $100 million trading volume – the reduced token supply can provide another push in the token price. Finally, for long-term growth, features such as the staking mechanism can help secure a loyal customer base.

For all these reasons, we believe that $BTCETF has the potential to soar by 5x – 10x after the exchange listing. However, we cannot guarantee a price jump due to the volatile nature of these assets. Stay updated with this new cryptocurrency by joining the Telegram channel.

Conclusion

Bitcoin ETF Token is a new cryptocurrency that celebrates the imminent arrival of a Bitcoin ETF. This deflationary token will burn 25% of its token supply over time and offers annual staking yields as high as 177%.

Currently, $BTCETF is priced at only $0.0056 per token. Visit the presale website, connect your crypto wallet to the presale, and purchase the token on presale before the price goes up.

References  

• https://ir.nmu.org.ua/handle/123456789/163543
• https://btcetftoken.com/assets/documents/audit.pdf
• https://www.reuters.com/business/finance/sec-has-8-10-filings-possible-bitcoin-etf-products-gensler-2023-10-26/#:~:text=The%20240%2Dday%20SEC%20comment,approve%20it%20by%20that%20date.

FAQs

What is Bitcoin ETF Token? 

Bitcoin ETF Token speculates on the upcoming arrival of a new Bitcoin ETF. The cryptocurrency will burn 25% of its token supply as it reaches different milestones linked to the progression of the Bitcoin ETF approval.

What is the current price of Bitcoin ETF Token? 

Currently, $BTCETF is priced at only $0.056 during the ongoing presale round. In total, the presale will consist of ten rounds. By the final round, the price will increase to $0.068 per token.

How to Buy Bitcoin ETF Token on presale? 

The first step is to download a compatible crypto wallet like MetaMask. Then, buy either ETH or USDT tokens, and transfer them to the crypto wallet. Connect the wallet to the presale, enter the purchase amount, and confirm the transaction.

About the Author

Viraj Randev

Viraj works as a writer for guides and daily news content on CryptoNews. He is an expert on digital asset price movements, price prediction columns, and news breakdowns. Viraj graduated with a BSC in Business Management from the University of Surrey. His content can also be found on online publications such as Economy Watch. Before joining Cryptonews, Viraj was in the top 10% of writers on Upwork. He is a versatile writer, having also worked in the digital, video, screenwriting, and scriptwriting fields.

More articles from Viraj Randev