The US SEC has again delayed its decision on BlackRock’s and Fidelity’s Ethereum ETF applications. In separate March 4 filings, the regulatory body announced its decision to delay decisions on BlackRock and Fidelity Ethereum ETF applications—the second time this year.
All eyes are on the final deadline for VanEck’s spot ETH ETF application in May. As rightly put by Bloomberg ETF analyst James Seyffart in February, May 23—the final deadline for VanEck’s application—is the “only date that matters.”
Oblivious to this delay, Ethereum continues to be spurred by wider market enthusiasm for potential ETF approval. At the same time, Polkadot (DOT), one of the top crypto coins on the market, and InQubeta (QUBE), an emerging crypto, are poised to skyrocket, giving soaring investor interest.
InQubeta (QUBE): Anticipated Massive Adoption and Explosive Growth
InQubeta (QUBE) is an emerging altcoin buzzing with potential. It boasts solid fundamentals as an AI altcoin with real-world applications, aiming to revolutionize the fast-rising AI sector. Given the key role it will play and the problems it intends to solve, a tidal wave of adoption is anticipated, positioning it as the best new crypto to invest in.
Aiming to shake up the world of AI fundraising and investments, it will build the first crypto-based crowdfunding platform for AI startups. Additionally, its custom-built NFT marketplace will allow investors to fractionally invest in and own stakes in promising AI ventures, with no limits on investments.
To raise capital, tech startups will simply create investment opportunities as equity-based NFTs. These NFTs—tokenized real-world AI investments—will be divided into bits and offered to investors on the NFT marketplace, allowing them to become early backers of trailblazing AI businesses.
In the eighth stage of the ICO, a token is priced at $0.0245. With confidence in its potential through the roof, top experts predict a 75x upswing after its debut—a recommended presale. Hop on the train to position yourself for mind-blowing gains.
Ethereum ETFs: SEC Delays Decision on BlackRock and Fidelity Applications Again
Unsurprisingly, the US Securities and Exchange Commission (SEC) delayed its decision on spot Ethereum applications from BlackRock and Fidelity. This will be the second time this year, with the recent delay announced in separate filings on March 4.
With the SEC delaying its decision to approve or reject Fidelity’s and BlackRock’s spot Ethereum ETF applications, all eyes are on VanEck’s final deadline on May 23. While the SEC’s delay hasn’t come as a surprise, many were hoping it would be a shoo-in, especially considering the approval of spot Bitcoin ETFs.
Meanwhile, Ethereum has been pretty unbothered by this new delay in ETF decisions, touching $3,900 earlier this week. With further upsides anticipated, riding the wave of potential ETF approval, ETH is among the best cryptos to buy now.
Polkadot (DOT): Preparing For Massive Growth
Polkadot (DOT) is one of the best altcoins on the market, facilitating the cross-chain transfer of data and assets and allowing interoperability among blockchains. Given its solid fundamentals, sentiment points towards massive adoption and explosive growth.
In light of the above, it comes as no surprise that savvy investors have been doubling down on Polkadot over newly launched tokens like DYM, Starknet, or Pixels. Aiming to flip its current all-time high (ATH) and go on price discovery this year—a potential bull market—DOT is among the altcoins to watch out for.
With FOMO expected to rise in the coming months, Polkadot is a must-have crypto and a promising wave to ride.
Conclusion
The SEC once again delayed its decision on BlackRock and Fidelity Ethereum ETF applications. Nevertheless, ETH has been gaining momentum, hitting $3,900 earlier this week. At the same time, Polkadot and InQubeta are poised for explosive growth, making them the best coins to invest in. If you wish to become an early QUBE holder or adopter, click the link below.
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