Friday, December 15th, 2023 – The Bitcoin ETF Token ($BTCETF) is selling out fast as traders grab the coin at the lowest price before the crypto bull run explodes when a spot Bitcoin ETF is approved by the US SEC.
The Bitcoin price has consolidated above $42,000 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.
The Bitcoin ETF Token presale has entered its 10th and final stage, so there are only days left to buy at the cheapest available price of $0.0068.
As the FOMO around the imminent approval of a spot Bitcoin ETF continues to mount, traders have poured $4.1 million into the $BTCETF initial coin offering. There is now less than $800,000 to raise to reach the hard cap goal of $4,956,000.
#SEC sets new "Cash Redemption Model" for #Bitcoin Spot #ETF applicants, impacting approval criteria.@InvescoEMEA adopts it initially whilst @BlackRock introduces "Prepay" for easier Wall Street participation.
How might these models reshape ETF accessibility?#BitcoinETF has… pic.twitter.com/NN4nnfEJ2M
— BTCETF_Token (@BTCETF_Token) December 14, 2023
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.
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.
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.
In other words, at every major step on
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