SEC Approves First Leveraged Bitcoin Futures ETF, DigiToads (TOADS) and Cardano (ADA) Skyrocket

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Amid much back and forth, the U.S. Securities and Exchange Commission (SEC) finally approved the first leveraged Bitcoin (BTC) ETF, Volatility Shares 2X Bitcoin Strategy ETF (BITX). Although there are approximately six exchange-traded funds (ETFs) that allow investing in Bitcoin (BTC) futures, the first leveraged Bitcoin (BTC) futures ETF provides leveraged exposure to the Bitcoin (BTC) after its launch on the Chicago Board Options BZX Exchange.

In light of this recent development, the crypto market is likely to trend higher, with DigiToads (TOADS) and Cardano (ADA) being among the tokens to watch as they are poised to surge higher.

DigiToads is poised to soar amid positive market sentiment

DigiToads is rapidly gaining traction in the cryptocurrency landscape as its bullish momentum builds. DigiToads’ momentum in the short span of its pre-sale is unmatched, with nearly $6 million raised to date. This sparked predictions from industry experts with the token expected to hit $1 by the end of the year. Additionally, with an impending bull cycle, DigiToads presents a unique opportunity to position for the impending volatility.

DigiToads is a Play-to-Earn and NFT utility meme coin with huge room for growth. First, as an emerging token in its pre-sale, there is a huge profit margin to be gained by investing early. Second, as a memecoin, holders should be prepared for the volatility that characterizes memecoins as they are about to soar.

Additionally, as a utility coin, DigiToads will power its ecosystem, with its use cases focusing on NFT and its Web3 play-to-earn game. Additionally, as a deflationary token, DigiToads’ value has the potential to remain in an uptrend as its supply decreases over time.

In addition to its growth potential and the increasing value that comes with DigiToads, investors can benefit from other advantages. For starters, investors can benefit by earning passive rewards when they stake their tokens or NFTs to receive rewards. Additionally, as holders of DigiToads, investors will be able to vote on important proposals.

DigiToads is currently in the presale stage, Stage 9. A $TOADS token is worth $0.047 at press time, a low entry point as it is expected to skyrocket after launch. To participate in the DigiToads presale, follow the link below.

Cardano (ADA) set to surge on positive market conditions

Cardano (ADA) is the native token of the Cardano ecosystem, a proof-of-stake blockchain platform. With its token in demand, Cardano (ADA) is set to soar as the broader crypto market rebounds.

Meanwhile, Cardano (ADA) saw a rally from the start of the year until mid-April, with its subsequent downtrend attributed to concerns about the broader crypto market. The last two months have seen Cardano (ADA) trading lower, but this presents a great buying opportunity for investors. With Cardano (ADA) set to soar in the coming months, hoarding the token now could be a smart investment strategy.

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Final Thoughts

The broader crypto market is not only seeing a recovery but also positive developments. The US SEC recently approved the first leveraged Bitcoin ETF, which was launched in late June. This development should be followed by stronger uptrends, with Cardano (ADA) and DigiToads (TOADS) poised to surge higher. As a result, there has been growing activity within the ecosystems as investors hoard the tokens, especially DigiToads.

DigiToads’ growing pre-sale participation is due to its huge growth potential and tangible utility that spans its NFTs and P2E. Since the token is still in the pre-sale phase, you can buy it now at a great price by following the link below.

Visit the DigiToads presale

Mint DigiToads NFT here

Buy NFT DigiToads on OpenSea

Join the community

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