The US SEC has once again postponed its decision on the Grayscale spot Ethereum ETF. Last November, the regulator postponed a decision to approve or reject the asset manager’s application for an Ethereum ETF, and this new development mirrors past delays.
Given the SEC’s excellent track record of delaying decisions, this latest development did not come as a surprise to many. Moreover, one senior analyst previously reported that the odds of an Ethereum ETF being approved had fallen sharply by 50% by May. Well, fingers crossed.
Meanwhile, in the cryptocurrency market, especially the meme ecosystem, FLOKI (FLOKI) appears to be approaching dogwifhat (WIF) in market size. Moving further into the ICO space, a promising altcoin has emerged in InQubeta (QUBE), a new AI cryptocurrency. It is poised to become the next unicorn and is being hailed as the best new cryptocurrency to invest in.
InQubeta (QUBE): The next cryptocurrency unicorn
InQubeta (QUBE) is an emerging cryptocurrency and low-cap gem with enormous potential. Total supply is limited to 1.5 billion tokens and the burn mechanism causes further deflation. More importantly, its solid foundation and imminent adoption as an AI altcoin will boost its price, pushing it to the moon.
We plan to build the world’s first cryptocurrency-based crowdfunding platform for AI technology startups. Aimed at reshaping the future of AI, this new funding approach allows startups to raise capital through QUBE tokens. Equally important, within the custom NFT marketplace, investors will have democratic access to the promising AI market.
The market debut is coming soon, and pre-sales are currently in phase 9. The price of the token is reasonable at $0.028, and experts suggest a 65x increase since launch, positioning it as a recommended pre-sale and one of the best cryptocurrencies to buy right now.
Ethereum (ETH) ETF: SEC delays decision on grayscale implementation again
The US SEC, seemingly working at its own pace, has once again postponed its decision on the top-tier Ethereum ETF application. Earlier this week, it postponed a decision on Grayscale’s spot ETH ETF application, not for the first time.
Continued delays in Ethereum ETF approval have been a source of concern. Moreover, a top ETF analyst earlier shared his view, saying that the chances of ETH ETF approval have decreased by 50% by May.
Meanwhile, in the cryptocurrency market, Ethereum’s price is recovering after its recent decline. Expected to flip $5,000 in the coming months, this cryptocurrency is one of the best cryptocurrencies you can invest in for significant gains, with or without an ETF.
FLOKI (FLOKI): Momentum Momentum for Flip dogwifhat (WIF)
FLOKI (FLOKI) is one of the top memecoins by market size, followed by dogwifhat (WIF), a Solana-based meme token. However, after the price rose significantly, it is following WIF and is looking for a turnaround.
One of the best meme coins, FLOKI is a token to bet on and a great cryptocurrency to buy. Rather than being a pump and dump coin, it continues its bull run while maintaining a fairly balanced trajectory and aiming to create a new all-time high (ATH).
If you are looking for a 100x gem (although FLOKI may not be very promising considering its previous rally), this is an attractive cryptocurrency to own. Its low entry point and massive upside potential make it one of the best cryptocurrencies to invest in, making it even more attractive.
conclusion
The SEC has once again delayed its decision to approve or deny Grayscale’s application for an Ethereum ETF. Meanwhile, FLOKI gains momentum in hopes of overturning dogwifhat, and InQubeta prepares to take the cryptocurrency world by storm. Those of you with great potential can become early QUBE holders through the link below.
Visit InQubeta Presale
Join the InQubeta community