In a large bowl, beat cream cheese until smooth and creamy.
- Add powdered sugar, brown sugar, vanilla, butter extract (if using), cinnamon, and nutmeg. Mix well.
- Fold in whipped topping until light and fluffy. Stir in crushed toffee bits, if using.
- Chill mixture for 30–45 minutes until firm enough to shape.
- Scoop and roll into 1–1.5 inch balls. Insert a stick into each ball.
- Place on a parchment-lined tray and freeze for 1 hour until solid.
- Melt butterscotch chips with coconut oil in 30-second microwave intervals, stirring between, until smooth.
- Dip each frozen cheesecake ball into the coating. Let excess drip off and return to tray.
- While still wet, add sprinkles, glitter, or cookie crumbs as desired.
- Chill for 10–15 minutes until coating is set. Serve chilled.