SEC Delays Another Spot Ethereum ETF; Investors Focus Shift to Binance Coin (BNB) and InQubeta (QUBE)

While Ethereum has promise, investors are turning their attention to Binance Coin (BNB) and innovative InkBeta (QUBE) for significant growth opportunities.

SEC ETF approval criteria may be unclear, but the meticulous approach of dotting the “i’s” and crossing the “t’s” is commendable. However, it may not be completely welcomed. Especially given the increased optimism for Ethereum ETFs following the SEC’s decision on Bitcoin ETFs.

Earlier this week, regulators postponed a decision on Fidelity and BlackRock’s Spot Ethereum ETF applications. Grayscale joins this list following a delay in the decision on the asset manager’s application to convert the Ethereum trust into a spot ETF. The twist caused many to spill their morning coffee, and the suspension sent ripples of anticipation throughout the crypto industry.

Meanwhile, investors’ attention has shifted to Binance Coin (BNB). Ink Beta (QUBE). These top altcoins are exciting, poised for explosive growth, and positioned as hot altcoins.

InQubeta (QUBE): New ICO Favorite

Ink Beta (QUBE) This is one of the most promising strategies in the current cryptocurrency scene, and for good reason. As a new ICO he has tremendous upside potential. Its strong fundamentals also set the company apart, contributing to heavy participation in the ongoing presale, which raised more than $8.5 million.

The convergence of AI and blockchain has become a bullish story. At this intersection, we aim to use blockchain technology to solve the most pressing problems in the AI ​​field, especially funding and accessibility. To achieve this objective, investment opportunities will be created as stock-based His NFTs, building a His NFT marketplace where investors can become early backers of cutting-edge AI ventures, regardless of their income.

The pre-sale is in stage 7 and the token cost is only $0.0224. Analysts are bullish and expect prices to rise 5,000% after launch. It is hailed as the best new cryptocurrency to invest in and you can participate in the ICO by clicking the link below.

SEC delays Grayscale Ethereum ETF application

Grayscale is one of the world’s largest asset management companies. The application was among 11 approved after the SEC gave the green light to Bitcoin ETFs on January 10th. Inspired by this development, many thought that Ethereum ETF applications would be a piece of cake. It wasn’t.

Earlier this week, the SEC postponed its decision on Fidelity and BlackRock’s Spot Ethereum ETF application, pushing it back to March. The anticipation continues even after Grayscale joins the list. Applications to convert Ethereum Spot into a Spot ETF will likely have to wait a little longer as SEC oversight continues.

The cryptocurrency community is waiting with frustration and optimism. Ethereum is gaining momentum and is one of the altcoins to watch. With a lot of room for growth, ETH is one of the best cryptocurrencies to buy right now.

Binance Coin (BNB): Investor’s Favorite

Binance Coin (BNB) has shown resilience despite adverse market conditions. Therefore, it is expected to rise sharply when the market rises, making it a must-see play. Its impressive performance has caught the attention of investors, with many looking to double down and ride the expected bullish wave.

The next target is expected to be strong support at $300, after which we will aim for this year’s highs. According to analysts, BNB will cross $500 by the end of the year, positioning it as one of the best coins to invest in.

As one of the most fundamentally powerful cryptocurrencies, BNB is poised for tremendous growth this year. Now is a great time to add to your bag at a great price to avoid FOMO (fear of missing out) later.

conclusion

Grayscale’s Ethereum ETF filing is the latest to be delayed by the SEC. Meanwhile, investors have shifted their focus to InQubeta and BNB, doubling down to ride the expected bullish wave. You can become an early holder of QUBE by following the link below.

Access the InQubeta presale

Join the InQubeta community

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