Bitcoin ETF Token ($BTCETF) is a newly launched crypto project that is quickly becoming one of the hottest tokens to purchase in the whole space.
The presale is only in its initial stages but has quickly raised $1.4 million with more than 80% of purchased tokens already locked into the staking pool – which is currently offering an estimated annual percentage yield of almost 177%.
That figure will reduce over time, but interest in the token is expected to skyrocket especially as it is linked to real-world spot Bitcoin ETFs, several of which – from major institutional asset managers and investment firms – are currently being looked at by the US Securities and Exchange Commission (SEC).
There is mounting speculation and confidence that Bitcoin ETFs from the likes of BlackRock and Fidelity will be approved in the coming months, with the fallout from that expected to be a major catalyst for another crypto bull run. Here, we outline everything about Bitcoin ETF Token and predict its performance in both the short and long terms.
Bitcoin ETF Token Price Prediction Summary
- End of 2024: BTCETF tokens are currently available on presale with a small hard cap of just $5 million. That is expected to sell out before the end of the year with tokens to launch on exchanges. While the IEO price has not yet been set, the stage 10 price is $0.0068 – excitement for the listing and the burning/staking mechanism could see the price pump to over $0.0175.
- End of 2025: By this stage, BTCETF is expected to have hit its various milestones, which signals a burn and tax reduction, and its supply will have been reduced by 25%. The burn, plus staking, will incentivize holding over the mid to long-term and reduce selling pressure, allowing the price of the token to grow to a price of $0.075.
- End of 2030: It is impossible to accurately predict the price of any investment asset, let alone those as volatile as cryptocurrencies, over such a long period. While there is expected to be another bear cycle between 2025 and 2030, the end of the decade is expected to have seen major adoption of everything crypto and Web3, allowing BTCETF to potentially reach $0.10 and beyond.
Bitcoin ETF Token Price History
Bitcoin ETF Token ($BTCETF) has just launched its presale but is already our best crypto to invest in and is offering tokens for $0.0056 during the ongoing stage. Those who move quickly in the presale will see the biggest gains in the coming weeks, with the price to increase to to $0.0068 in the tenth and final stage.
The presale has a hard cap of $4.956 million and is expected to sell out in a few short weeks, given its hot start. After the presale ends there will then be a Token Generation Event (TGE), the ability to claim tokens, and an initial exchange offering on a major exchange, although details for the IEO have not yet been revealed.
The presale also enables buyers to immediately lock their tokens into the staking pool, which is currently offering a massive APY of almost 177%. This has proven to be extremely popular with early buyers, with 150 million tokens already locked into the pool and generating rewards.
As per the whitepaper, here’s what you need to know about its digital token:
- Token Name: $BTCETF
- Network: Ethereum (ERC-20)
- Total Supply: 2.1 billion tokens
- Presale Supply: 840 million tokens (40% of max supply)
Presale Breakdown:
- 10 stages with 84 million tokens available in each.
- Price to increase from $0.005 in stage 1 to $0.0068 in stage 10.
- Presale hard cap of $4.956 million.
- Staking pool open and currently offering 177% APY.
Bitcoin ETF Token Price Prediction 2024
The final presale stage will offer tokens at $0.0068 and the initial exchange offering (IEO) is expected to offer tokens for a similar price, although no details have yet been confirmed given the project has only just launched.
With a small hard cap of less than $5 million, BTCETF is expected to become available in the coming weeks, especially with anticipation about the project quickly heating up – it has already been named our best crypto presale.
Bitcoin ETF Token’s price potential is linked to the success of spot Bitcoin exchange-traded funds (ETFs) gaining approval from the SEC. The project has set out five major milestones to burn tokens (detailed below), which will cut the overall supply by 25% if and when all five are reached.
While they may not all be reached this year, significant burns are still expected to take place, while the staking rewards will also further incentivize holding and ease selling pressure. Considering those features plus the general uptick in the crypto market, BTCETF could reach $0.0175 by the end of the year.
Bitcoin ETF Token Price Prediction 2025
The next 18 to 24 months are expected to be huge in the cryptocurrency market – not only because of Bitcoin ETFs and increased institutional interest and investment but because of the next Bitcoin halving, which is due to take place in around April 2024.
The halving will see the difficulty to mine BTC double and has historically been a major spark for previous bull runs in 2020/21, 2016/17, and 2012/13 – next year and 2025 are expected to be no different and by the end of 2025, investors could be in the middle of a major bull run with prices soaring.
Institutional investment, like that from Fidelity and BlackRock, could also send prices soaring, with analysts from major investment bank Standard Chartered predicting Bitcoin will reach $100,000 by the end of 2024 and private wealth manager Bernstein predicting $150,000 by the end of 2025.
Such a favorable crypto climate and soaring Bitcoin prices would drag other tokens along with it and Bitcoin ETF Token could be one to benefit, especially with its connection to the exchange-traded funds.
Again, BTCETF’s milestone targets for major burns will have likely been reached should Bitcoin reach such heights and its staking mechanism should also see the token viewed as a strong long-term hold. We predict a price of $0.075 should conditions remain strong over the next couple of years.
Bitcoin ETF Token Price Forecast 2030
It is impossible to accurately predict the price of any investment over seven years, especially a volatile asset class such as cryptocurrency, and for a brand new project that has only been on the market for less than a week.
Working in BTCETF’s favor is that Web3 and cryptocurrency adoption is only increasing and by the end of the decade should have reached significant mainstream use. Decentralization, artificial intelligence, the metaverse, central bank digital currencies (CBDCs), crypto games, and other as-yet-unknown uses for blockchain technology are already becoming a growing part of every day for many and the world could look significantly different in seven years.
Bitcoin could well be legal tender in several countries by then and its success as an investment – or digital gold could well be soaring.
Although there is likely to be a bear market at some point between 2025 and 2030, given the cyclical nature of investing, the start of a new decade usually revitalizes investors.
BTCETF could, potentially, reach $0.10 and higher if it continues to develop as a solid investment and long-term hold due to its staking and burn.
Potential Highs and Lows of Bitcoin ETF Token
Here’s a quick overview of the Bitcoin ETF Token price prediction until 2030:
Year
Potential High
Potential Low
2024
$0.0175
$0.007
2025
$0.075
$0.009
2030
$0.10
$0.02
What is Bitcoin ETF Token?
Bitcoin ETF Token ($BTCETF) has just launched its presale and is a brand new cryptocurrency that is linked to the progress of Bitcoin exchange-traded funds (ETFs) launched by major wealth management firms, pension funds, and hedge funds.
Earlier this year, companies such as BlackRock, Fidelity, and WisdomTree, among others – companies with trillions of dollars of assets under management – applied for Bitcoin ETFs. This gives their clients exposure to Bitcoin without the need to directly trade and store it and has been seen as a major seal of approval from institutional investors into the legitimacy and potential of BTC as an investment.
Currently, the US SEC is going over the applications, but the expectation among many is that they will soon be approved and offered to clients and BTC has soared to 18-month highs amid the news.
Excitement is gathering over Bitcoin ETFs not only for those reasons above, in that it legitimizes and gives state approval to BTC, but because it will open up the potential for trillions of dollars to pour into Bitcoin and, trickle down into the wider crypto economy.
With the Bitcoin halving approaching in the next six months, analysts are predicting an imminent bull run – with some arguing it has already started.
Bitcoin ETF Token holders benefit directly from Bitcoin ETFs being approved and kick-starting the Bitcoin economy. As well as offering huge staking rewards, which currently sit at over 5,400% at the time of writing (although that will decrease over time), the project is set to burn tokens when major milestones are reached.
More information on the project can be found in the whitepaper or by joining the Telegram group.
BTCETF Burn
The project will burn 5% of its max supply and reduce transaction tax by 1% when one of the below five milestones is hit, with a maximum of 25% of the supply having the potential to be burnt and transaction tax reducing from 5% to 1% – the milestones are as follows:
- BTCETF hits $100 million in total trading volume.
- Bitcoin ETFs approval date is announced.
- The first ETF is fully approved.
- The first ETF tradable token reaches a 100% increase.
- BTC breaks the $100,000 barrier.
While the roadmap of the project is fluid, due to it being linked to real-world events, there are other immediate ways to benefit from holding BTCETF apart from just the massive burn.
Staking Rewards
Those who invest in the BTCETF presale have the option to immediately stake their tokens and earn a huge annual yield percentage. At the time of writing that sits at almost 177%, although the figure will reduce over time as more tokens are locked into the pool.
The staking mechanism has already proven to be extremely popular and, at the time of writing, more than 150 million tokens are locked in the pool. Bitcoin ETF Token is of the ERC-20 standard and built on Ethereum and the staking pool is currently generating 119 BTCETF per ETH block.
With tokens not yet available on exchanges, meaning there is no way to trade or sell them, investors can generate more tokens and increase the size of their holding without fear of the price decreasing.
Staked tokens will be unlocked and distributed over five years, with the first year seeing 15% (315 million) released and each subsequent year another 2.5% (52.5 million).
Staged Price Increases and Tokenomics
Early investors can also see an immediate upside during the Bitcoin ETF Token crypto ICO by purchasing BTCETF tokens during the initial stage for just $0.0056. But by the 10th and final stage, they will have increased in price to $0.068.Each stage sees a price increase of $0.0002, reducing the potential ROI the later one invests.
While details on the initial exchange offering have not yet been revealed, it is unlikely the token will be listed for less than the final stage price.
Bitcoin ETF Token has a max supply of 2.1 billion tokens, with 40% (840 million) reserved for the presale, with each of the 10 stages offering 84 million tokens. There is a small hard cap of $4.956 million, which could well sell out in the next few weeks.
The staking pool and burn mechanism have had 25% of the max supply (525 million tokens) allocated, with the final 10% (210 million) reserved for liquidity on exchanges.
What Influences the Bitcoin ETF Token Price?
Various internal and external factors will impact the price of Bitcoin ETF Token. Here’s a quick review of some important points:
- Staged Price Increases: The presale will see the price of BTCETF tokens increase by 36% over 10 stages.
- Bitcoin ETF Approval: Bitcoin ETF Token’s success is linked to Bitcoin exchange-traded funds (ETFs). When major milestones are reached, tokens will be burnt.
- Token Burn and Staking: As well as the token burn, BTCETF can also be staked for rewards – with the current APY at around 177%.
- The price of BTC: A healthy Bitcoin directly impacts the rest of the crypto market but in the case of BTCETF can also trigger a huge token burn.
How to Buy Bitcoin ETF Token?
BTCETF can currently be purchased during its presale as it has only just been launched and is not yet available to purchase on exchanges. Follow the brief steps below or read through our full guide on how to buy Bitcoin ETF Token.
- Step 1 – Download Crypto Wallet: A crypto wallet such as MetaMask or Trust Wallet is needed to store tokens.
- Step 2 – Buy Crypto Tokens: BTCETF cannot be purchased with fiat, so buyers will need a suitable amount of ETH/MATIC/USDT/BNB in their wallet to convert later. This can be purchased directly or transferred from an exchange or another wallet.
- Step 3 – Connect Wallet: Head to the Bitcoin ETF Token website and select ‘Connect Wallet’, then follow the steps.
- Step 4 – Purchase $BTCETF: After connecting select ‘Buy and Stake’ (to earn immediate staking rewards) or ‘Buy Now’, then follow the steps – be sure to leave a small amount over to cover gas fees.
- Step 5 – Claim Tokens: BTCETF will be stored on the website until the Token Generation Event, which follows the end of the presale, with details on claiming to be released shortly after.
Conclusion
Bitcoin ETF Token is an exciting new presale project that has huge growth potential as it speculates on the fact that Bitcoin exchange-traded funds could be soon approved by the US SEC. The token, which can generate staking rewards, will be burnt when major milestones for ETF approval and Bitcoin’s growth are met.
In total, 25% of the max supply will be burnt if all five milestones are reached, while transaction taxes will drop from 5% to 1%. The staking rewards are currently sitting at around 177% APY, while the token will increase in value by 36% over 10 presale stages.
The initial coin offering has only just launched but has already built significant interest amid bullish sentiment in the wider crypto market. While the token is currently available for $0.0056, we predict it has the potential to rise to $0.0175 by the end of 2024 and $0.10 by 2030.
References
- https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/
- https://www.cnbc.com/2023/10/31/bitcoin-could-hit-150000-by-2025-predicts-bernstein.html
- https://www.reuters.com/business/finance/global-assets-spot-bitcoin-etfs-hit-416-billion-coingecko-2023-11-03/
- https://www.ft.com/content/d0bbc3b6-a4e4-4ed8-be58-8a1d5c62eff9
- https://www.reuters.com/technology/bitcoin-leaps-2023-high-etf-bets-2023-10-24/