How To Buy Bitcoin ETF Token – Coin Buying Guide 2024

Bitcoin needs no introduction in the crypto space. However, Bitcoin ETF, a new token offering investors a different approach to Bitcoin investing, is relatively unfamiliar. The Bitcoin ETF token leverages the market’s excitement about the potential launch of Bitcoin ETFs by major financial institutions in the US. 

With the Bitcoin ETF token presale ongoing and its potential to become the next new crypto project to explode, let’s explore the Bitcoin ETF world and how to buy Bitcoin ETF token.

How To Buy Bitcoin ETF Token – Simple Steps 

Below, we outline a simple guide on how to buy Bitcoin ETF token instantly before delving into the project’s full details. 

Step 1: Connect a crypto wallet to DEX

Visit the Bitcoin ETF presale website and connect your external crypto wallet by clicking the “Connect Wallet” button. 

Step 2: Swap ETH for BTCETF

Convert the ETH in your wallet to Bitcoin ETF (BTCETF) tokens. Factor in gas fees and other charges into your purchase. 

Step 3: Transfer tokens to a secure wallet

After the successful purchase, collect your BTCETF tokens and transfer them to your secure external wallet. 

Your capital is at risk.

What is Bitcoin ETF Token?

The Bitcoin ETF token is a new crypto project token that was launched in early November 2023. Judging by its name, the new crypto project enters the market at a time when the world awaits the spot Bitcoin exchange-traded fund (ETF) approval from the US Securities and Exchange Commission (SEC). 

The approval will see Web2 financial institutions like BlackRock and Fidelity Investments expand their investment services to crypto enthusiasts. 

But before we go into more detail about the Bitcoin ETF token, what is an ETF? 

An ETF is an investment method that involves stock market traders buying and combining different assets into one basket. ETFs are traded on the best ETF apps, and the idea behind an ETF is to invest in different stocks at the same time to reduce risks instead of buying a company’s individual stock. 

Risk-averse investors opt for ETFs in the stock market, but unlike single shares, ETF investors get exposure to the value of their underlying asset. In the case of Bitcoin ETFs, the underlying asset will be Bitcoin. You can read our detailed guide on “How Do Stocks Work?” for a better understanding of the stock market and stock ETFs. 

Now, let’s get back to the Bitcoin ETF token.

According to the Bitcoin ETF website, the cryptocurrency is connected to the fate of Bitcoin, the world’s largest cryptocurrency by market capitalization, especially during the anticipated ETF approvals from the SEC. To ensure we are on the same page, beginners can read our article on “What Does Market Cap Mean in Crypto?”

Moving on, the BTCETF token is an ERC-20 token on the Ethereum network, and it provides investors with a distinct opportunity to benefit from the potential boom after the spot Bitcoin ETF approval. 

The SEC approval of the world’s largest investment firms to sell Bitcoin ETFs on global stock exchanges like the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotations (NASDAQ) could unlock more possibilities in the crypto industry, as the crypto market will attract more investors, resulting in more millions of dollars of investments.

However, the BTCETF token is more than an anticipatory investment idea for the spot Bitcoin ETF approval. The project also has a staking feature that offers investors a viable way to earn passive income. 

The estimated reward for staking BTCETF tokens is 2,828% annual percentage yield (APY), and the platform will distribute staking rewards over five years. Notably, each investor’s potential reward (APY) is based on their stake in the pool, and we expect the percentage to reduce as more investors join the pool. 

Your capital is at risk.

$BTCETF Tokenomics 

Going through a crypto project’s tokenomics will help you understand its demand and supply mechanisms. That way, you can determine whether the token and its associated project can stand the test of time.

According to the whitepaper, the Bitcoin ETF token developers designed the project to reduce supply and increase demand as time goes on. In other words, Bitcoin ETF is a deflationary token that will increase in value with time. 

As such, people who buy Bitcoin ETF token early will rake in more profits in the long run. To achieve this, the total token supply is capped at 2.1 billion BTCETF tokens and is distributed as follows: 

• 40% (840,000,000) of the total supply is allocated to Bitcoin ETF token presale 
• 25% (525,000,000) of the total supply to staking 
• 25% (525,000,000) of the supply for burning 
• 10% (210,000,000) of the total supply to liquidity 

Looking at the breakdown above, it’s evident that the project developers have mapped out a solid demand and supply scale. There are no allocations to the development team, meaning they are not building the project for the money they hope to gain. 

At the same time, the project implements a burn mechanism that will contribute to a reduction in its total supply over time. There will be a 5% burn tax on each transaction and another massive 25% burn of the total supply when the project achieves its big milestones. And this is where long-term BTCETF token holders stand to earn significant gains. 

The 10% liquidity allocation will aid the token’s circulation when it finally lists on exchanges, so traders will not have any hassles buying and selling the token. 

Finally, the 40% presale allocation, which is the largest share of the token supply, indicates the Bitcoin ETF team’s focus on building a solid community of token holders and investors. The more people who buy into the Bitcoin ETF token presale, the larger the project’s community and, ultimately, its growth. 

You can get answers to “What is tokenomics?” by reading our explanatory guide to understand why it is an essential part you must understand before investing in a crypto project. 

 What is the Point of Bitcoin ETF Token?

At its core, the Bitcoin ETF project has no real utility. There’s no existing problem it aims to solve. So, why should you bother to buy Bitcoin ETF token? 

The primary reason to invest in BTCETF is because of its investment opportunities. With Bitcoin rebounding and aiming for the $35K zone, Bitcoin ETF offers traders the opportunity for long-term investments and not for traders looking for how to day trade crypto. The market outlook suggests that the rise in Bitcoin price will positively impact the Bitcoin ETF token’s value. 

The project developers believe the next BTC boom will be championed by the SEC’s approval of spot Bitcoin ETF trading by reputable finance and asset management firms like BlackRock and Fidelity Investments. 

The additional staking feature with up to 2,828% APY also offers a lucrative passive income opportunity to BTCETF token holders. 

The BTCETF Token 

The Bitcoin ETF platform runs using its proprietary BTCETF token. The token powers the Bitcoin ETF ecosystem and can be used for governance, staking, and other activities. The BTCETF token is currently on presale and has shown significant signs of its bright future. 

Based on its success so far, the BTCETF token is one of the best cryptocurrencies to buy right now, offering holders unlimited access to the potential that the new crypto project offers. 

The BTCETF Presale 

Since it is a new crypto project, the Bitcoin ETF token is yet to be listed on exchanges. The project is hosting a live presale event, offering early investors the opportunity to lock in some tokens at a discounted price before subsequent increases.

At the time of writing, the Bitcoin ETF token presale is in stage 1 and has raised over $72,000 within a few days, making it the best crypto to buy now. The coin is available at a discounted price of $0.005 per token, and there are about 3 days left before the presale enters the next stage and increases the token purchase price. 

If you’re wondering how to invest in Bitcoin ETF token presale, you can head to the presale website and get some tokens using ETH, USDT, or a bank card. 

We’ll provide a more detailed guide on how to buy Bitcoin ETF token later in this article.

Pros and Cons of Buying Bitcoin ETF Token in 2024

Though the Bitcoin ETF token provides investors with various opportunities to make money, the token isn’t without downsides. Like every investment, you need to weigh the pros and cons to see if investing is right for you.

Your capital is at risk.

Bitcoin ETF Token Roadmap

Another critical piece of information to look out for before investing in a new project is its roadmap. Successful crypto projects usually have an outlined structure of milestones they’ll attain over a specific period. 

We outline the Bitcoin ETF roadmap below. 

• Token Presale: The Birth of BTCETF 

The first stage in Bitcoin ETF’s roadmap is the project’s token presale. As stated earlier, 40% of the total 2.1 billion total supply is allocated to presale alone, giving it the largest distribution share. 

The goal of the presale event is to raise awareness about the new project and build a solid community of investors looking to make big gains after the first Bitcoin ETF approval. 

• Pre-Launch/ BTCETF Marketing 

To expand the Bitcoin ETF news, the project team will launch marketing campaigns to attract more investors and help current holders understand why they need to hold their BTCETF tokens. 

The marketing goal is to establish the project’s major significance before the SEC approves the first spot Bitcoin ETF. According to reports from JP Morgan, the approval may come within a few months. 

• DEX Launch and 5% Burn Tax 

After the presale ends, the project team will launch the BTCETF token on top decentralized exchanges (DEXs). The exchange launch will potentially result in a price increase. 

At the same time, the platform’s token-burning mechanism will be launched at this stage. There’ll be a 5% transaction tax to reduce the token’s supply upon every transaction. The tax will be reduced by 1% after Bitcoin ETF reaches a new milestone. 

• 25% Token Supply Burn 

Finally, 25% of the total token supply will be burned and removed from circulation. The supply burn will happen as Bitcoin continues to grow, and 5% of the token’s total supply will be burned after the project reaches a successful milestone. 

The massive potential in the future of the Bitcoin ETF token as Bitcoin continues to grow – and the passive earning opportunity the project provides – make it one of the best token presales to invest in now. 

However, the Bitcoin ETF roadmap information on its website and whitepaper does not have specific timelines for each stage, therefore, it’s unclear when each activity will happen. 

Joining the project’s community on X (formerly Twitter) and Telegram can help you get real-time updates as the project develops. However, it is crucial to do your own research before making decisions and not completely rely on information from the official channels or community members. 

You can read our “DYOR explained” guide to learn the best expert tips for doing your own research. 

How to Buy Bitcoin ETF Token in 2024 – Complete Guide 

Bitcoin ETF provides a viable alternative means to invest in Bitcoin. It is one of the best cryptocurrencies under $1, and with the project’s affiliation with Bitcoin, it’s only a matter of time before BTCETF explodes.

As stated earlier, BTCETF is only available on presale. Thinking of how to invest in Bitcoin ETF token presale? Follow the easy steps below. 

Step 1: Buy ETH from eToro

The easiest way to buy Bitcoin ETF token during presale is by using Ethereum (ETH). So, the first thing is to buy Ethereum enough for your BTCETF purchase.

The best place to buy Ethereum is eToro. The online brokerage features a smooth user interface to facilitate seamless trading, competitive fees, and high-end security. 

To buy ETH, visit eToro or download the mobile app and register a new account. The robust app is the best Bitcoin trading app on the market, making all trading activities hassle-free. 

If you already have one, log in to your eToro account on the mobile app and deposit funds. 

eToro supports different payment methods, including debit/credit cards, bank transfers, and e-wallets like Skrill and Neteller. Choose a payment method and buy ETH with a few clicks. 

The purchased coins will arrive in your eToro account within a few minutes. 

Your capital is at risk.

Note: Only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash, and Ethereum.

Step 2: Move ETH to MetaMask or Wallet Connect 

The Bitcoin ETF token presale site supports purchases via MetaMask and Wallet Connect. Since you can only connect these external wallets, move the purchased ETH from eToro to MetaMask using the eToro Money Wallet. 

To do this, access the portfolio page on eToro and transfer funds to your money wallet. Afterward, move the funds to the external wallet. 

If you don’t have a MetaMask Wallet, follow the guide below to create one. 

How to create a MetaMask Wallet 

You can create a MetaMask Wallet using the mobile app or browser extension. The registration process on both platforms is similar.

• Download the MetaMask Wallet app or install the browser extension.
• Create a new wallet account by clicking the “Create a New Wallet” button. 
• Enter a new password on the next page. Ensure the password is secure by mixing numbers, alphabets, and symbols. 
• Get your 12-word recovery phrase for additional security. Ensure you write out the 12 words and store them offline instead of saving them on your computer or mobile phone. 
• Confirm the recovery phrase and complete the wallet creation process. 

Step 3: Connect your wallet to the Ethereum network 

The MetaMask wallet is connected to the Ethereum Mainnet network by default. So, go back to your eToro account and enter the MetaMask Wallet address after clicking “Transfer.”

Enter the amount of ETH you want to transfer and hit the “Send” button to finalize the transaction. The transferred funds will arrive in your external crypto wallet in a few minutes after eToro confirms the transaction. 

Read our full eToro app review to understand why it’s the best online brokerage for you. 

Step 4: Add BTCETF to your wallet

Import BTCETF to your crypto wallet by tapping “Import Tokens” after clicking the BTCETF contact address. You can verify the contact address by visiting the project’s community channels on social media. 

Step 5: Connect your wallet to a decentralized exchange

Now, connect your MetaMask Wallet to the BTCETF presale website. To do this, click the “Connect Wallet” button on the presale website and choose MetaMask. 

Enter your wallet password and buy BTCETF with ETH. Alternatively, you can buy Bitcoin ETF using USDT or bank cards. 

Step 6: Swap ETH for BTCETF 

Finally, enter the amount of BTCETF you wish to acquire in the dialogue box provided and click “Buy Now” to execute the transaction. 

Note that gas fees may apply to the transaction, so you must have enough wallet balance to cover the transaction cost and gas fees.

Your capital is at risk.

Bitcoin ETF Token Price Prediction 2024

The Bitcoin ETF presale has already hit the market by storm, attracting investors in their numbers. In less than a week, the project has raised over $72,000, making it one of the best crypto presales of 2024. 

At a time when the altcoin market is fast recovering after the crypto winter, the Bitcoin ETF token is one of the best altcoins to buy. And since investors are eager to know what the best time to buy crypto is, the time is now.  

The token isn’t listed on exchanges, and the project’s developers didn’t provide a proposed exchange listing price. So, it’s difficult to give an outright price prediction for 2023. 

However, BTCETF currently trades at $0.005, and we may see BTCETF do 100x its current price after an exchange listing following the success of the best meme coins like PEPE and other Bitcoin-leveraging projects like Bitcoin BSC.

Also, since the project leverages Bitcoin’s growth and BTC is projected to reach a new support zone of around $35,000 in 2023, BTCETF will likely follow suit and reach new highs. 

You can also read our Bitcoin price prediction to understand the coin’s potential for the rest of the year and beyond.

How To Buy Bitcoin ETF Token 2024 – Conclusion 

The Bitcoin ETF token is a new cryptocurrency that powers the Bitcoin ETF ecosystem. The token offers traders and investors an alternative to Bitcoin, the world’s largest cryptocurrency. Bitcoin ETF aims to drive its value through two channels, giving it an edge over Bitcoin. 

First, the token aims to leverage the possibilities that the first spot Bitcoin ETF offers. Similarly, it has its value tied to Bitcoin, which is now on its way to recovery after the bear market. 

Bitcoin ETF has begun its presale, which is cruising to a success. The token is available to early investors who can stake their assets for periodic rewards or hold the deflationary token for more potential profits when its value increases over time. 

Your capital is at risk.

References 

• https://en.bitcoinwiki.org/wiki/DEXes 
• https://btcetftoken.com/en#home 
• https://btcetftoken.com/assets/documents/whitepaper.pdf 
• https://www.coindesk.com/policy/2023/10/20/sec-likely-to-approve-spot-bitcoin-etf-in-next-few-months-jpmorgan/

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