Are the ETFs coming? Are they not? The question continues to be asked by all kinds of investors, and now, a VanEck advisor has weighed in. There’s also some talk buzzing about AVAX and InQubeta as we step into a new year of crypto trading and bullish momentum… will they join the list of the best cryptos to buy?
VanEck Advisor on Bitcoin ETF’s Future Success
VanEck and Tether advisor Gabor Gurbacs has just proposed a novel idea for Bitcoin ETFs, hinting at a potentially game-changing launch price. Gabor shared these insights in a social media post, proposing a hypothetical scenario.
With Bitcoin trading at around $46k per BTC right now, Gurbacs noted that ETFs typically debut with a double-digit NAV (net asset value), often around $25. To make Bitcoin exposure more accessible, he suggested a hypothetical launch price of $46 per share, eliminating three zeros from the Bitcoin price. In his post, Gurbacs highlighted the importance of addressing unit bias psychology, emphasizing that some investors are unaware they can own fractional amounts of Bitcoin.
He thinks the emotional satisfaction of owning a full Bitcoin ETF share, as opposed to a fraction of BTC, plays a big role in investor sentiment. With approximately $500 trillion in global assets, even a conservative 0.5% allocation to BTC could result in a substantial $2.5 trillion influx, along with long-term appreciation and additional fund investments. With all this potential capital influx, we could easily see BTC becoming the best coin to invest in in 2024.
AI Startups Inspired By InQubeta
QUBE is an ERC20 token developed by InQubeta, the brains behind the world’s first crypto crowdfunding platform designed for fractional investment in AI startups. InQubeta’s goal is to revolutionize the way AI startups raise capital and interact with their communities.
Democratizing AI Investments: InQubeta believes that the convergence of AI technology and crypto represents a significant growth and innovation opportunity. They address the inefficiencies and inaccessibility of traditional investment methods by introducing the QUBE token and the InQubeta NFT marketplace. This approach streamlines and enhances the investment process, benefiting both investors and startups.
NFTs for AI Startup Fundraising: InQubeta’s NFT marketplace enables AI startups to raise funds by offering reward and equity-based NFTs, making it a top choice among the best crypto coins to buy now. QUBE token holders can then, very conveniently, invest in projects they believe in via this very same marketplace, creating a mutually beneficial ecosystem for everyone involved.
QUBE boasts a deflationary token model, making it one of the best cryptocurrencies to invest in for long-term investment. Investors use QUBE tokens to purchase NFTs they like the look of, ensuring a secure and efficient process thanks to blockchain and smart contracts. This makes it one of the best NFT crypto options for investors.
The platform features a buy tax of 5% and a sell tax of 10%, benefiting both token holders and the InQubeta community. A portion of these taxes goes to initiatives such as staking rewards, liquidity provision, marketing, and token burn, fostering a transparent and democratic investment ecosystem for AI startups. This makes it one of the best defi crypto options with a strong community focus.
Conclusion
In summary, the anticipation surrounding the fate of Bitcoin ETFs remains a focal point for investors, with insights from a VanEck advisor adding to the speculation. Against this backdrop, Avalanche (AVAX) and InQubeta emerge as projects displaying promising signs, setting the stage for potential significant shifts in the crypto landscape.
