TLDR
- BlackRock, the largest asset manager and one of the issuers of spot Bitcoin ETFs, currently holds 39,925 BTC.
- Celestia is set to explode during a rise in the overall crypto market.
- InQubeta will skyrocket by 60x after its launch, according to analysts.
Bitcoin ETF vs. Gold is now the new rivalry after Bitcoin flipped silver to become the second-largest ETF commodity. The SEC decision on Bitcoin ETFs on January 10 is one to be remembered, as it represents a significant stride towards mainstream acceptance of crypto. The US SEC approved the applications of 11 asset managers, with BlackRock being a major player. This asset manager—the largest in the world—now owns a staggering 39,925 BTC in assets, worth over $1.5 billion.
Meanwhile, amid the larger market correction, Celestia (TIA) and InQubeta (QUBE) have emerged as altcoins to watch. These cryptocurrencies have shown resilience in their respective markets, with InQubeta soaring in presale and nearing $10 million in raised funds.
InQubeta (QUBE): A Very Bullish ICO
InQubeta (QUBE) is currently the face of ICOs, making a strong argument for it currently being the best ICO. In its early funding, a whopping $8.4 million has been raised—defying the larger market’s bearish trend. Its innovative concept and staggering upside potential can be thanked for this massive presale participation.
In the crypto world, InQubeta stands out for its fascinating blend of AI and crypto. It aims to transform the burgeoning AI market with the crypto economy and blockchain technology; hence, it is hailed as one of the most bullish narratives. To this end, it will build the world’s first crypto-based crowdfunding platform and an NFT marketplace, which will help address key fundraising and accessibility issues.
In the seventh stage of the presale, a token costs just $0.0224, and you can become an early adopter. To position yourself for significant gains, already hailed as the best new crypto to invest in and tipped for a 60x rally after launch, click the link below.
BlackRock: 39,925 BTC in Holdings
BlackRock, the world’s largest asset manager, has been one of the top gainers in the Bitcoin ETF market, receiving a huge chunk of inflows. Following a significant purchase of BTC this week, its Bitcoin holdings now stand at 39,925, worth a whopping $1.59 billion.
With the Bitcoin ETF market in its early stages, there is much to look forward to, and BlackRock is expected to play a key role. In the first three days of trading, inflows into nine spot Bitcoin ETFs totaled $1.9 billion, according to reports. Also, in the first three days of trading, volume soared past $9.4 billion.
Interestingly, a week into spot Bitcoin ETF trading, BTC has surpassed silver to become the second-largest ETF commodity. Considering the multiple benefits of Bitcoin ETFs, it is an untapped market set to skyrocket.
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Show more +Celestia (TIA): Resilience and Strong Bullish Potential
Celestia (TIA) is among the top altcoins on the market and one of the most promising cryptocurrencies. As a new entrant in the crypto space—recently launched in the final quarter of 2023—it has massive upside potential. This explains the surge in token holders seeking to ride its strong bullish wave.
In addition, Celestia plays a critical role as the first modular blockchain network to allow the deployment of blockchains with minimal overhead. Its popularity is rising, and so is its adoption, making it primed for explosive growth.
More importantly, its resilience amid ongoing market correction makes it one of the best coins to invest in. Set to skyrocket under more favorable conditions, Celestia is a bullish play you don’t want to miss out on.
Conclusion
Following recent purchases, BlackRock now holds 39,925 BTC, worth over $1.59 billion. Meanwhile, Celestia and InQubeta’s bullish ride continues, with QUBE tipped for a 60x rally after its launch.
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