The post Stake To Earn Bitcoin ETF Token ($BTCETF) ICO Launched On Ethereum – How To Buy appeared first on Coinpedia Fintech News
Market sentiment is flourishing ahead of the SEC’s first round of Bitcoin spot ETF approvals, which is expected to occur in Q1 2024. The new Bitcoin instruments could see trillions of dollars in liquidity entering the market, and the new project, Bitcoin ETF Token, aims to capitalize on it.
Bitcoin ETF Token (BTCETF) is currently undergoing a presale, priced at $0.005. However, this price will rise incrementally throughout the presale, with the first price round lasting just five days to afford a discount to the earliest buyers.
Bitcoin ETF Token In Popular Demand and Backed to 10X
Despite just launching today, the Bitcoin ETF Token presale has raised over $20K, an impressive sum considering the project is yet to receive much media coverage.
However, a number of quick-footed analysts have discovered the project already, one of those being the renowned low-cap gem-hunter Jacob Bury.
In a newly released video, Bury gives a 10x prediction, highlighting several reasons it is primed to explode.
One of the main reasons is that the project has been released in a timely manner, with the Bitcoin ETF applications expected to be approved within a couple of months. Given Bitcoin ETF Token’s ties to the approvals, this could present massive upside potential.
The video also notes its high annual percentage yield (APY) that presale investors can begin earning immediately. However, this APY decreases as the staking pool grows, and it is currently at 9,000%. Therefore, those looking to maximize their gains should act fast.
Another factor pointing to significant potential is that another Bitcoin ETF-related token has been pumping recently. That meme / GambleFi hybrid token is called ETF The Token and shows the strength of the ETF meta, as it has one of the strongest charts of any Uniswap token currently.
What is $BTCETF and How Does It Work
Bitcoin ETF Token is an anticipatory project aiming to capitalize on the hype of the looming ETF approvals. However, it also features a staking utility and a burn mechanism, making it a viable and legitimate DeFi platform.
The project aligns with the advancement of Bitcoin ETF approvals, burning 5% of the total $BTCETF supply at five key milestones. This is set to induce scarcity into the project at the same time as the hype is highest due to pivotal victories in the quest for Bitcoin ETFs.
As mentioned, Bitcoin ETF Token also features a staking mechanism offering a 9,000% APY for a limited time. This massively incentivizes market participants to buy as early as possible to maximize their gains. Moreover, the staking mechanism could reduce the token’s supply, meaning that incoming buy pressure significantly bolsters its price.
However, Bitcoin ETF Token is more than just a financial instrument. It is also a platform containing aggregated news and updates from around the web, informing users of the latest Bitcoin ETF events.
This will help readers with decision-making, enabling them to navigate the market easily and ensure the best chances of success.
How to Buy Bitcoin ETF Token
Because the Bitcoin ETF Token is currently undergoing presale, the only place to buy it is from the project’s website, btcetftoken.com. It is an ERC-20 token, so users can buy it from an Ethereum-compatible wallet, like MetaMask. The presale accepts ETH, USDT, and bank card payments.
$BTCETF project has a total supply of 2,100,000,000, with 40% available throughout the presale. A further 25% has been allocated to staking, 25% to burning, and 10% to exchange liquidity. This puts all the tokens in the community’s hands, bolstering its long-term potential.
Yet, with an incrementally increasing price and the best-ever staking APY, the presale is currently at its highest-upside potential stage. Therefore, buyers should not wait around.