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Since last year, the U.S. Securities and Exchange Commission has talked with multiple institutions about approving a Bitcoin (BTC) spot ETF. The Bitcoin ETF will enable U.S. investors to buy into Bitcoin without using exchanges, and there have been speculations that an approval could be perfect for the crypto market. If approved, analysts have projected over $40.4 billion in inflow in the first two years of trading.
As news of a potential ETF stokes bullish sentiment, InQubeta (QUBE) has recorded a new milestone achievement of over $8 million. The DeFi cryptocurrency platform has grown exponentially since its crypto ICO went live. This milestone is just a start because, according to the platform roadmap, InQubeta still has a long way to go and more growth to hit.
Let's explore the potential of the Bitcoin ETF and InQubeta's impressive presale performance.
What do investors who buy into new cryptocurrencies get in return? If you buy QUBE during the presale, you can profit massively from the A.I. boom. Investors who buy QUBE at its current discount price of $0.01925 will be able to buy InQubeta's collections of NFTs with A.I. investments minted into them. Investors will also benefit from InQubeta's staking mechanism, which rewards QUBE holders for staking their tokens. Since QUBE is deflationary and a governance token, its explosive potential is solid.
Earlier last year, InQubeta launched its presale, and in six stages, it has raised over $8 million. The impressive sale of over 700 million tokens has earned the platform dubbed as one of the best crypto investment opportunities. Thanks to high demand from investors, the value of QUBE has skyrocketed by 175% and is still gunning for an extra 60% by the end of the crypto ICO event.
Since A.I. technology is slowly bleeding into the blockchain sector, InQubeta could play a massive role in the growth of both multi-billion dollar sectors. Analysts are optimistic that after InQubeta's global launch, the platform could record increasing adoption, which could drive its value to higher prices. There are projections that QUBE could deliver a surge of 100x its current value, making it the best crypto investment for the new year.
The famous mutual fund VanEck has estimated that if a Bitcoin spot ETF gets approved, the market could see a massive infusion of over $1 billion in liquidity. They speculated that this number would rapidly surge as days passed, peaking at more than $2 billion in the first quarter and $40.4 billion in a couple of years. Although this is potentially a lot of equity flowing into Bitcoin, there are concerns that it could be more than this, considering the size of the BTC market. VanEck added that the Bitcoin ETF has the potential to encompass over 1.7% of the BTC market as it matures, basing its calculations on the performance of the Gold ETF after it launched in 2004.
As concerns over the delayed approval of a Bitcoin ETF increase, analysts have confirmed its advantages for the crypto market with predictions of billions in equity. Meanwhile, InQubeta has delivered one of the most impressive runs in the blockchain sector. The platform's $7.9 million raised during its presale proves investors are confident in InQubeta's approach. QUBE's innovative features, such as being a governance token and the platform's future-proof investment opportunities, have increased investors' interest in the presale. The presale's 15% bonus is an excellent investment opportunity in InQubeta before the token's value rises further.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
