The late entry of Pando Asset, a Swiss asset manager, into the Bitcoin ETF race caught many by surprise. The surge in interest in this product suggests its imminent approval by the US SEC. Amidst this, Bitcoin (BTC) has found key support at the $39,000 level, which will be crucial for its next bull run.
Meanwhile, InQubeta (QUBE), the novel project at the intersection of AI and blockchain, has raised a staggering $6.1 million in its ongoing presale.
In this post, we will cover the frenzy around the Bitcoin spot ETF and BTC’s price movement. Additionally, we will explore why InQubeta should be one of the altcoins to watch.
InQubeta (QUBE): An Impressive Fundraising Event
InQubeta (QUBE) has been the rave of the moment, recently passing the $6 million fundraising milestone. The surge in interest can be linked to its unique offerings and the problem it aims to address.
As a blend of AI and blockchain, it aims to solve a critical problem in the AI industry. It will become the world’s first crowdfunding platform to allow AI startups to raise funds through cryptocurrency. Through this approach, it will solve the fundraising challenges within the sector.
AI startups will raise capital by minting investment opportunities, which will be in the form of equity-based NFTs. This unique approach makes it one of the new DeFi projects to watch out for.
The InQubeta presale is in the fifth stage, and a token is currently priced at $0.0161. With a predicted 50x growth potential, it is among the most promising altcoins to buy. To participate in the presale, follow the link below.
Pando Asset Enters the Bitcoin ETF Race
The race for the Bitcoin spot ETF is heating up following the show of interest by Pando Asset, a Swiss asset manager. On November 29, the company submitted its bid, making it the 13th contender seeking approval from the US Securities and Exchange Commission (SEC). It joins major players like Grayscale, ARK Invest, and BlackRock.
Pando Asset aims to establish a fund that mirrors Bitcoin price movements with its ETF application, with Coinbase managing the BTC holdings. Nevertheless, its emergence in the race caught many by surprise. With optimism at its peak regarding the approval of the first BTC ETF, the SEC is likely to approve it before the end of 2023 or early next year.
Currently, Bitcoin has found key support at $39,000. The best cryptocurrency has been gaining momentum, aiming to end the year on a high note. According to popular forecasts, it will trade above $40,000, making it the best crypto to invest in.
Conclusion
Optimism about the approval of the Bitcoin spot ETF is high following a new filing by Pando Asset. Meanwhile, InQubeta has raised $6 million in its ongoing presale and is gearing up 50x growth post-launch. This makes it the best new crypto to invest in.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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