Ethereum (ETH) has been attracting attention for reasons other than its price increase. Recently, BlackRock, the world’s largest asset manager, filed for an Ether ETF (exchange-traded fund). The filing was submitted by Nasdaq on behalf of BlackRock, proposing an ETF named the “iShares Ethereum Trust”.
Meanwhile, InQubeta (QUBE), a new AI crypto, has been attracting big players. As an AI crypto, it has significant growth potential, making it one of the altcoins to watch.
What you'll learn 👉
InQubeta (QUBE): One of the Most Promising New DeFi Projects
InQubeta (QUBE) has become one of the most popular names on the initial coin offering list, attracting big players and crypto whales. This surge of interest has resulted in the raising of $4.9 million in its presale, with more to come. In addition, this show of interest is a vote of confidence in its potential and unique offering.
While AI is disruptive, there has been less advancement in the fundraising aspect of the sector. This has been one of the most serious challenges in the sector, and the issue is what the InQubeta project aims to address. It will allow AI startups to raise funds via its utility token, thereby setting it up as the first crowdfunding platform for AI startups through crypto.
AI startups can source funds by minting investment opportunities as NFTs and offering them to investors in the marketplace. It is in the fifth stage of its initial coin offering, and a token is priced at just $0.0161. According to experts’ forecasts, there will be a 4,500% rise in its value after launch, making it the best new crypto to invest in.
BlackRock Confirms Ethereum ETF Filing Through Nasdaq
In a remarkable development, BlackRock announced its intention to expand its ETF offerings. The asset manager applied for an Ether ETF, which improved market optimism. Ethereum soared to reach the $2,000 mark in reaction to this exciting development. Therefore, Ethereum is positioned as one of the best coins to invest in because there will be more liquidity and significant institutional involvement once the ETF starts trading.
Through an SEC document filed by Nasdaq under the name “iShares Ethereum Trust,” BlackRock revealed its plans for a spot Ethereum ETF. It will track the price of Ethereum and trade under the ticker “ETH.”
ETH, the second-largest cryptocurrency by market capitalization, is presently rising, and experts predict that it will reach $3,000 before the year is over. Entering the market now could be a good idea, as the token is ranked among the best cryptos to invest in.
Conclusion
BlackRock recently confirmed its Ether ETF filing, which will usher in new liquidity into the Ethereum market. Another interesting piece of news involves InQubeta, a new AI crypto, attracting both retailers’ and whales’ interest. This project is still in its early stages, and you can become an early adopter by following the link below.
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