The US SEC has once again delayed its decision on Grayscale’s spot Ethereum ETF. In November, the regulatory body deferred its decision to approve or reject the asset manager’s Ethereum ETF application, with this new development echoing past postponements.
Given the SEC’s stellar record of postponing its decision, this latest development didn’t come as a surprise to many. Moreover, a senior analyst earlier reported that the chances of Ethereum ETF approval by May had drastically gone down by 50%. Well, fingers crossed.
Meanwhile, in the crypto market, specifically the meme ecosystem, FLOKI (FLOKI) seems to be closing in on dogwifhat (WIF) in market size. Marching further into the ICO space, a promising altcoin has emerged in InQubeta (QUBE), a new AI crypto. Poised to become the next unicorn, it has been hailed as the best new crypto to invest in.
InQubeta (QUBE): The Next Crypto Unicorn
InQubeta (QUBE) is an emerging crypto and a low-cap gem with staggering potential. Its total supply is capped at 1.5 billion tokens, which is further deflationary thanks to its burn mechanism. More importantly, its solid fundamentals as an AI altcoin and its impending adoption will propel its price, taking it to the moon.
It intends to build the world’s first-ever crypto-based crowdfunding platform for AI tech startups. Aiming to reshape the future of AI, its novel fundraising approach will allow startups to raise capital through the QUBE token. Of equal importance, within its custom-built NFT marketplace, investors will enjoy democratized access to the promising AI market.
Its market debut is on the horizon, with the presale currently in stage nine. A token is reasonably priced at $0.028, with experts suggesting a 65x upswing to follow its launch, positioning it as a recommended presale and one of the best cryptos to buy now.
Ethereum (ETH) ETF: SEC Delays Decision on Grayscale’s Application Again
The US SEC, seemingly working at its own pace, once again delayed its decision on a top-tier Ethereum ETF application. Earlier this week, it postponed its decision on Grayscale’s spot ETH ETF application, which wasn’t the first time.
This continued delay in approving an Ethereum ETF has become a subject of much concern. Moreover, a top ETF analyst earlier shared their view, stating that the chances of an ETH ETF approval by May had gone down by 50%.
Meanwhile, in the crypto market, Ethereum is on price recovery after the latest dip. With sights set on flipping $5,000 in the coming months, it is among the best cryptos to invest in for significant gains, with or without ETFs.
FLOKI (FLOKI): Gathering Momentum to Flip dogwifhat (WIF)
FLOKI (FLOKI) is one of the top memecoins, although trailing dogwifhat (WIF), a Solana-based meme token, in market size. However, after a significant jump in its price, it is on WIF’s heels, aiming to flip it.
As one of the best meme coins, FLOKI is a token to bet on and a good crypto to buy. Maintaining a fairly balanced trajectory—not a pump and dump coin—it continues its bullish charge, with sights set on creating a new all-time high (ATH).
If you seek 100x gems—although FLOKI might not be as promising considering previous rallies—it is a compelling crypto to hold. Its low entry point and massive upside potential make it more appealing, positioning it as one of the best cryptos to invest in.
Conclusion
The SEC has once again delayed its decision to approve or reject Grayscale’s Ethereum ETF application. Meanwhile, FLOKI gathers momentum, hoping to flip dogwifhat, while InQubeta prepares to take the crypto world by storm. Buzzing with potential, you can become an early QUBE holder through the link below.
