After years of waiting and several rejected applications, Bitcoin ETFs are finally here. Goldman Sachs, a global investment banking and investment management firm, is believed to be considering a role as an authorized participant in Grayscale Spot Bitcoin ETF offerings.
Meanwhile, Monero (XMR) and InQubeta (QUBE) have emerged as favorites among investors, drawing in a new crowd. This post will discuss the appeal of these altcoins, explaining why they are the best coins to invest in.
InQubeta (QUBE): A New Investor Favorite
InQubeta (QUBE) has been justifiably attracting new investors. Only a few blockchain-based projects edge it out in terms of fundamentals, as it stands at the crossroads of AI and crypto. This makes it one of the most bullish narratives currently, with a whopping $8.2 million raised to date in its early funding.
As a top ICO, it stands out for the key issues it aims to address. It is a known fact that fundraising is one of the most pressing issues in the AI sector. Coming to the rescue is InQubeta, aiming to build the world’s first crowdfunding platform for AI tech startups through cryptocurrency. They only have to mint investment opportunities, which will be represented as equity-based NFTs and offered to investors on the NFT marketplace.
Given its transformative idea, it is expected to see a tidal wave of adoption and explosive growth. The presale is currently in its seventh round, and a token costs just $0.0224. According to experts’ forecasts, early holders will see a 5,500% increase in their investment, which makes it the best new crypto to invest in.
Bitcoin (BTC): Goldman Sachs to Become an Authorized Participant in Bitcoin ETFs
The approval of Spot Bitcoin ETFs by the US SEC on January 10th has become the talk of the crypto community. This investment product is expected to usher billions to trillions of dollars into the crypto market and will reshape Bitcoin’s mainstream investment status.
Worthy of note is Goldman Sachs, a leading financial institution preparing to engage in Bitcoin ETFs. According to recent crypto news, Goldman Sachs is considering a role in Grayscale Spot Bitcoin ETF offerings as an authorized participant. This means it will play a key role in ensuring that the ETF’s share price accurately reflects the value of the fund’s underlying assets, as well as acting as a significant source of liquidity.
Monero (XMR): Rising Interest
In the crypto space, Monero (XMR) stands out for its focus on privacy and anonymity. The team behind the cryptocurrency made these their biggest priorities, which has resulted in the creation of a dedicated and active community. In a nutshell, Monero allows transactions to take place privately and with anonymity, a luxury not guaranteed in the crypto scene.
Thanks to its solid fundamentals, Monero has become one of the top altcoins on the market. It has also continued to draw in new investors, positioning it as one of the best cryptos to invest in. With its momentum on the rise, we suggest grabbing a bag and HODL to ride its bullish wave.
Conclusion
Goldman Sachs is expected to be an authorized participant in Grayscale’s spot Bitcoin ETF. Meanwhile, Monero and InQubeta have become new favorites among investors. This makes them altcoins to watch out for in the future.
