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Donald Trump’s latest push into crypto with a plan to launch a Truth Social Bitcoin ETF is also shining a spotlight on a BTC-gifting presale called BTC Bull Token (BTCBULL) ahead of its imminent public debut.
The proposed Truth Social Bitcoin ETF (exchange-traded fund) was filed by NYSE Arca on behalf of Yorkville America Digital, a financial partner of Trump Media & Technology Group.
If approved, the Truth Social Bitcoin ETF could add even more momentum to the US-based spot Bitcoin ETF industry, which has seen Bitcoin ETFs accumulate over $1.37 billion in cumulative inflows since their launch in January 2024, according to data from Farside Investors.
This is all good news for Bitcoin and the momentum is likely to spill over into meme coin territory. One project that’s nicely positioned to ride the wave is BTCBULL, which offers its holders free BTC via airdrops as the leading crypto’s price soars to new all-time highs.
As Trump’s Team Files For A Spot Bitcoin ETF, BTC Bull Token Might Be The Best Crypto To Buy Now
BTCBULL is a meme-powered, community-driven token with the aim of riding the next Bitcoin bull run to $1 million and beyond, while rewarding its token holders all along the way.
The first of those airdrops will happen when Bitcoin hits $150K for the first time. Thereafter, every new $50K milestone the crypto king achieves will trigger another airdrop.
This essentially lets BTCBULL holders benefit from BTC’s gains without having to buy the crypto directly or having to deal with Bitcoin’s volatility.
In addition to the airdrops, there will also be BTCBULL token burns along the way that will shrink the supply of the meme coin. This will make it more scarce and put upward pressure on the BTCBULL price.
All this prompts a bullish outlook for the project from the popular YouTube channel 99Bitcoins, with over 723K subscribers. It predicts the token could soar 10X after it launches in less than 26 days.
Adding to BTCBULL’s bullish prospects is its strong presale momentum, which has seen the project raise over $6.8 million so far.
Learn more about BTC Bull Token.
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