The hype around the Bitcoin (BTC) ETF is currently in a frenzy. It is expected to be approved by the US Securities and Exchange Commission (SEC) in the coming months. This development will drastically improve exposure to Bitcoin and usher in institutional investors. It has been touted as crypto’s big breakthrough on Wall Street, with Bloomberg estimating it could potentially grow into a $100 billion market.
Another exciting development in the crypto scene is investors swarming the InQubeta (QUBE) presale ahead of the bull market. This project stands at the intersection of AI and blockchain, which explains the massive participation in its ongoing presale.
In this article, we will cover Bloomberg’s assessment of the spot Bitcoin ETF market if it does get approved. In addition, the frenzy around InQubeta will be explained, including why it is the best new crypto to invest in.
InQubeta (QUBE): Positioning for the Impending Bull Market
While some are positioning for the forthcoming bull market by investing in Bitcoin, savvy investors are accumulating InQubeta (QUBE) instead. This top ICO (initial coin offering) is in the fifth stage of its presale and has demonstrated a great deal of promise and potential. At the moment, a staggering $5.2 million has been raised, which is a vote of confidence in its unique value proposition. The massive show of interest in this project is because of its intriguing blend of AI and blockchain technology.
While it is an AI altcoin, it will be more than just a cryptocurrency. It aims to reshape the AI industry, specifically its fundraising aspect. Additionally, it also intends to make the market accessible to investors, regardless of their income level. To this end, it will become the world’s first crowdfunding platform for AI startups through crypto. That isn’t all; it will make the AI market accessible by employing NFTs and a fractional investment model.
This presale is in its fifth stage, and its price is competitive. It is priced at just $0.0161 per token, which can be purchased via the link below. According to analysts, there will be a timely 50x rise in its price after launch. This puts it on the list of best cryptos to invest in.
Bitcoin Spot ETF: A Potential $100 Million Market
The spot Bitcoin ETF market is coming with a bang. It is on the verge of approval by the SEC, stirring up excitement in the crypto community. This development is significant as there will be an inflow of institutional and retail investors, which will potentially push up the value of Bitcoin (BTC). This makes it the best cryptocurrency to invest in at the moment. According to Bloomberg, the market could potentially reach $100 billion, becoming crypto’s biggest breakthrough in the larger financial market.
The imminent arrival of Bitcoin ETFs is being seen as a threat to existing future-based funds. Several asset managers and firms, notably BlackRock and Grayscale, are waiting for the approval of what will be the first US ETFs linked to the spot price of Bitcoin.
The upcoming weeks are expected to be thrilling, as investors are optimistic about the approval of the first spot ETF in the United States. With Bitcoin positioned as the best crypto to invest in, now might be a great time to add it to your portfolio.
Conclusion
Bitcoin and InQubeta are at the heart of the current market frenzy. The imminent ETF market could reach a $100 billion valuation, according to Bloomberg, which is promising for the entire crypto market. On the other hand, the rising interest in InQubeta can be linked to its potential disruption of the AI sector. Therefore, BTC and QUBE are positioned as the best cryptos to buy now.
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Source: https://www.analyticsinsight.net/spot-bitcoin-etf-market-to-reach-100-billion-according-to-bloomberg-investors-swarm-the-qube-presale-ahead-of-the-bull-market/