{"id":54833,"date":"2023-12-13T15:14:48","date_gmt":"2023-12-13T15:14:48","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/crypto\/bitcoin-etf-token-last-chance-to-buy-at-lowest-price-before-crypto-bull-run-explodes-as-3-7m-pours-into-btcetf-from-traders\/"},"modified":"2023-12-13T15:14:51","modified_gmt":"2023-12-13T15:14:51","slug":"bitcoin-etf-token-last-chance-to-buy-at-lowest-price-before-crypto-bull-run-explodes-as-3-7m-pours-into-btcetf-from-traders","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=54833","title":{"rendered":"Bitcoin ETF Token Last Chance to Buy at Lowest Price Before Crypto Bull Run Explodes As $3.7m Pours Into $BTCETF From Traders"},"content":{"rendered":"
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Friday, December 8, 2023<\/i> \u2013\u00a0 Today is the last chance to buy the Bitcoin ETF Token ($BTCETF) at its lowest price before the crypto bull run explodes after a spot Bitcoin ETF is approved by the US Securities and Exchange Commission (SEC).<\/p>\n

The Bitcoin price has consolidated above $40,000 after briefly touching $45,000 in a show of strength that has fired the starting gun on what could be the biggest-ever digital assets price explosion.<\/p>\n

At 11pm UTC today (Wednesday December 13) the Bitcoin ETF Token presale enters its 10th and final stage, so there are only hours left to buy at the cheapest available price of $0.0066. The $BTCETF price increases to $0.0068 in Stage 10.<\/p>\n

As the FOMO around the imminent approval of a spot Bitcoin ETF continues to mount, traders have poured $3.73 million into the $BTCETF initial coin offering. There is now less than $100,000 to raise to meet the current stage target of $3,864,976, so a sellout of Stage 9 beckons.<\/p>\n

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El Salvador\u2019s #Bitcoin<\/a> bonds gain regulatory approval for an early 2024 issuance on Bitfinex Securities, a regulated division of @bitfinex<\/a>.<\/p>\n

President Nayib Bukele confirms Q1 2024 issuance. \ud83d\udcb8<\/p>\n

What impact do you foresee these #Bitcoin<\/a>-backed bonds having on El Salvador’s $BTC<\/a>\u2026 pic.twitter.com\/zj7Yc2f7yg<\/a><\/p>\n

\u2014 BTCETF_Token (@BTCETF_Token) December 12, 2023<\/a><\/p>\n<\/blockquote>\n

Contributors to the presale could see returns that go parabolic with 100x gains, such is the anticipation surrounding the prospect of a spot Bitcoin ETF transforming the investment landscape for crypto.<\/p>\n

Bitcoin ETF Token provides the answer to the question of how to best position investment portfolios to benefit from a spot Bitcoin ETF approval, which is likely coming as soon as January.<\/p>\n

The Ethereum-based coin is explicitly crafted with burn mechanisms triggered by ETF approval, launch and other milestones, such as trading volumes and assets under management.<\/p>\n

In other words, at every major step on the journey from approval to launch and market take-up, owners of the $BTCETF token will directly benefit.<\/p>\n

Such will be the seismic impact of a spot Bitcoin ETF approval, Google has already moved to change its advertising rules on crypto to allow for fund managers issuing the products to be able to promote them.<\/p>\n

Bitcoin ETF will be at the center of the BlackRock v Vanguard struggle for ETF supremacy<\/strong><\/h2>\n

<\/span>
With an expected \u2018crypto super cycle\u2019 about to explode, the cryptocurrency asset class could find itself at the center of an arms race among fund managers to be the top dog.\u00a0<\/p>\n

BlackRock is the No. 1 ETF issuer but passive investment pioneer Vanguard is not far behind. Crypto is emerging as a key battleground as the two heavyweights vie for ETF supremacy in a market that in the US alone is worth $7.8 trillion.\u00a0<\/p>\n

BlackRock has performed a U-turn on crypto after previously dismissing the asset class while Vanguard remains in the doubter\u2019s\u2019 camp. Crypto could be part of BlackRock\u2019s master plan to stay out in front of its rivals \u2013 success with that ploy could force Vanguard\u2019s arm.\u00a0<\/p>\n

If Vanguard does at some point next year decide to succumb to pressure from clients (and asset manager competitors) and start issuing crypto ETFs, expect another huge injection of liquidity into digital asset markets.<\/p>\n

In another significant development, BlackRock, following a meeting with the SEC, has revised its ETF filing application in such a way that it would allow banks to sidestep not being allowed to hold crypto on their balance sheets. BlackRock\u2019s new proposal allows a custodian \u2013 in this case Coinbase Custody \u2013 to hold crypto on behalf of the banks. By becoming Authorized Participants, banks would be able to directly swap cash for crypto assets.<\/p>\n<\/p>\n

However, the wind in the sails of the Bitcoin ETF Token is not purely down to the prospects for Bitcoin ETFs but also Bitcoin\u2019s wider claim to be a store of value.<\/p>\n

Although Vanguard may doubt crypto is a viable asset class and bemoan its volatility as a reason for steering clear, a look around the world finds a growing list of countries where its citizens increasingly recognize Bitcoin\u2019s utility as a store of value.<\/p>\n

Bitcoin is a world-changing store of value and Bitcoin ETF Token can reap the upside\u00a0\u00a0<\/strong><\/h2>\n

<\/span>
A recent X post by the Canadian restaurant business Tahini\u2019s makes the point very well. In a post yesterday it highlights that 725 million people in six countries (Turkey, Egypt, Nigeria, Argentina, Lebanon and Pakistan) are witnessing Bitcoin trading at all-time-highs against bombed-out local currencies.:<\/p>\n

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This is what #Bitcoin<\/a> looks like for the citizens of Turkey, Egypt, Nigeria, Argentina, Lebanon and Pakistan.
A combined population of
725 MILLION people
Try to convince them Bitcoin is not useful. Good luck \ud83d\ude09 pic.twitter.com\/z8poh2C7Wb<\/a><\/p>\n

\u2014 Tahini\u2019s (@TheRealTahinis) December 13, 2023<\/a><\/p>\n<\/blockquote>\n

Buying $BTCETF today is not just a short-term bet on the SEC approving a spot product but a longer-term positioning for a pivotal economic and financial moment. There are highly likely to be more countries joining the list above as peak-globalization turns into an economic downturn in key countries such as China, the second-largest economy on the planet and still the primary workshop of the world.\u00a0<\/p>\n

In addition, the supply shock from the halving of Bitcoin block rewards paid to miners to 3.25 BTC at the same time as demand increases, means Bitcoin could settle at a price above $1 million.\u00a0<\/p>\n

The chances of Bitcoin becoming an official reserve currency for citizens suffering from dying local currencies or who are locked out of the traditional financial landscape are rising.<\/p>\n

Bitcoin derivative coins such as Bitcoin ETF Token are set to reap the benefits of the deep secular transformation of economies and finance that Bitcoin will be at the center of.\u00a0<\/p>\n

Here\u2019s how the Bitcoin ETF Token adds value at every milestone<\/strong><\/h2>\n

<\/span>
A shrinking total supply by as much as 25% increases the scarcity of the Bitcoin ETT Token, making it a stronger value proposition. For each of the first five milestones, the transaction tax decreases by 1% from a starting level of 5%.<\/p>\n

5 steps to Bitcoin ETF riches:<\/b><\/p>\n

    \n
  1. \n

    $BTCETF hits a trading volume of $100 million<\/h4>\n<\/li>\n
  2. \n

    SEC approves the first spot Bitcoin ETF\u00a0<\/h4>\n<\/li>\n
  3. \n

    First spot Bitcoin ETF launches in the US<\/h4>\n<\/li>\n
  4. \n

    Bitcoin ETF assets underarm management hits $1 billion<\/h4>\n<\/li>\n
  5. \n

    Bitcoin price closes its daily candle above $100,000\u00a0<\/h4>\n<\/li>\n<\/ol>\n

    Bitcoin ETF Token is \u201clike nothing you have ever seen\u201d \u2013 10x gains at launch, 100x to come?<\/strong><\/h2>\n

    <\/span>
    The Bitcoin ETF Token has a hard-cap goal of nearly $4,956,000 but the run rate is speeding up, so there is no time to lose to grab what could be an initial 10x return opportunity.\u00a0<\/p>\n

    Given the token\u2019s unique position in the market, popular analysts have spotted the opportunity and have been informing their audiences.<\/p>\n

    As the Bitcoin ETF approval FOMO grows, YouTube crypto analysts are turning up the heat.\u00a0<\/p>\n

    Austin Hilton has told his 239,000 YouTube channel subscribers that the Bitcoin ETF Token is like \u201cnothing you have ever seen before\u201d, describing its milestone burn mechanism as \u201cvery cool\u201d.\u00a0<\/p>\n