The presale for a new low market cap cryptocurrency – Bitcoin ETF ($BTCETF) – has already raised over $100,000 since launching two days ago.
Inspired by the monumental Bitcoin ETF approval, Bitcoin ETF provides exposure to the introduction of the highly sought-after institutional trading vehicle ahead of time – allowing investors to profit from predetermined milestones as it approaches.
With the speedy climb to $100,000, it’s clear that investors are expecting price surges as each milestone is hit, with an epic price explosion once the Bitcoin ETF is finally approved by the SEC.
Bitcoin ETF is a newly launched cryptocurrency project that provides direct exposure to the looming Bitcoin ETF approval.
The project allows investors to speculate on the Bitcoin ETF approval and the price of Bitcoin, with milestones directly linked to the Bitcoin ETF approval.
When each milestone is hit, the team will burn a considerable amount of $BTCETF tokens, reducing the circulating supply and helping increase its value.
In addition, $BTCETF also has a staking feature that provides an incredibly high APY return, designed to incentivize long-term holding in the lead-up to the BTC ETF approval.
The Bitcoin ETF has been a highly sought-after trading vehicle for Bitcoin enthusiasts.
Crypto users have been told by traditional finance figureheads that the ETF would never be approved.
However, the approval is imminent, with institutional heavyweights like BlackRock entering the game.
Experts believe the approval will be met by the SEC at some point during Q1 2024.
As a result, the price of Bitcoin has already skyrocketed as investors try to capitalize on the approval ahead of time.
Bitcoin ETF provides an alternative route to profit from the Bitcoin ETF approval through an intuitive token that integrates cutting-edge technology to align itself further with the approval.
The supply of Bitcoin ETF is linked to major milestones in the approval process. As the Bitcoin ETF approval gets closer to launching, Bitcoin ETF will see more tokens burnt.
As a result, the growth of $BTCETF is tied to the fate of Bitcoin and the expected ETF.
The unique burning process is based on real-world, predetermined milestones.
When each milestone is hit, the smart contract will burn 5% of the total supply – putting upward pressure on the price.
The predetermined milestones include the following:
- The $BTCETF 24-hour trading volume reaching $100 million.
- The SEC approved the first Bitcoin ETF in the US.
- The first Bitcoin ETF launching in the US.
- The assets under management in the Bitcoin ETF reaching $1 billion.
- The Bitcoin price closing a daily candlestick above the $100,000 level.
Experts predict that the community will celebrate and profit as each milestone is reached.
In addition, the deflationary token has a transaction tax that taxes every sale on the market.
Starting at 5%, the transaction tax will be reduced by 1% upon reaching each milestone.
The transaction tax will disappear entirely once all five milestones have been achieved.
Bitcoin ETF has intuitive economics, with the entire supply in the hands of the community.
Of the 2.1 billion $BTCETF supply, 40% is sold in the presale. Then, 25% is reserved for community rewards, 25% for the burning protocol outlined above, and 10% for exchange liquidity to provide a smooth trading environment.
As a result, the entire supply is dedicated to the community, with the team refusing to allocate any for themselves – demonstrating their long-term commitment to the project.
In addition, Bitcoin ETF also introduces a staking mechanism that provides an outstanding 1960% APY at the time of writing;
This APY will fall as more users enter the staking pool but is still considerably higher than most PoS reward ecosystems today.
The staking is designed to incentivize long-term holding and foster ecosystem growth as tokens will be locked away.
As more tokens are staked, fewer are available for purchase on the open market for newcomers after the presale, forcing them to enter at higher prices.
The presale is selling the $BTCETF token for $0.005, allowing you to get positioned at the lowest prices.
However, the presale is spread over ten separate phases, with prices increasing during each subsequent phase.
As a result, investors are encouraged to get positioned as early as possible to benefit from the lower entry price.
The next phase will begin in two days when the next price hike will occur.
Overall, Bitcoin ETF is a fantastic ecosystem that lets investors profit from the hyped Bitcoin ETF approval.