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HomeNewsSEC Delays Another High-Profile Ethereum ETF Proposal; Whales Eye Litecoin (LTC) and...

SEC Delays Another High-Profile Ethereum ETF Proposal; Whales Eye Litecoin (LTC) and InQubeta (QUBE), an AI Altcoin

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At this point, the US SEC might be getting a kick out of postponing its decisions. The joint Ethereum (ETH) ETF proposal from Invesco and Galaxy Digital joins the list of high-profile applications that have been pushed back by the Wall Street top regulator.

A Tuesday SEC filing shows that the SEC has postponed its decision on approving or denying the jointly proposed investment product from Invesco and Galaxy Digital. The wait continues, with hope drawn from the recent approval of spot Bitcoin ETFs.

Meanwhile, riding the wave of excitement ushered by the recent JUP airdrop, whales are eyeing Litecoin (LTC). At the same time, this “Jupuary” momentum has led large-volume investors to double down on InQubeta (QUBE), an emerging AI altcoin. Poised to skyrocket, it is one of the best cryptos to buy now.

InQubeta (QUBE): A Bullish AI Altcoin

InQubeta (QUBE), an emerging AI altcoin, has been the talk of the crypto community. It is gearing up for an explosive launch, according to analysts, which explains the soaring whale interest. In stage seven of the presale, a token costs only $0.0224. According to forecasts, this top ICO will soar by 60x after its launch—the best new crypto to invest in.

While its potential upward trajectory is one of its biggest appeals, it offers so much more. As an AI altcoin—standing at the intersection of AI and blockchain—it aims to transform the fast-rising AI sector.

It will build the first crypto-based crowdfunding platform for AI startups, allowing them to raise funds through the QUBE token. Further, its custom-built NFT marketplace will enable tech startups to source capital by simply minting investment opportunities as equity-based NFTs. 

Remarkably, investors will have democratized access to the burgeoning AI market thanks to its fractional investment model. To become an early adopter and position yourself for staggering gains, click the link below.

Ethereum (ETH): SEC Postpones Decision on Invesco and Galaxy Spot Ethereum ETF Application

Ethereum (ETH) is the second-leading cryptocurrency by market cap. Following the SEC decision on Bitcoin ETFs—the approval of 11 spot Bitcoin ETFs by the US SEC—many thought spot Ethereum ETFs would be a shoo-in. However, the SEC has different plans, apparently taking its time before making a decision on the investment product.

If approved, the investment vehicle would allow investors to gain exposure to Ethereum without the need to buy or store it themselves. Just like investing in BTC ETFs. However, this dream will have to wait—at least for a while.

A recent filing by the US SEC shows that it has pushed back its decision on approving or denying Invesco and Galaxy’s jointly proposed Ethereum ETF product. This is another high-profile spot Ethereum ETF application to be postponed by the regulatory body, joining the likes of Fidelity, Grayscale, and BlackRock.

The next date speculators are anxiously waiting for is VanEck’s final deadline, May 23rd. With Ethereum riding the excitement and ETF anticipation wave—just like Bitcoin did—it is among the best cryptos to buy now.

Litecoin (LTC): Growing Whale Interest

Litecoin (LTC) is one of the leading altcoins. It was created based on the Bitcoin protocol—not a fork—and designed to provide fast, secure, and low-cost payments. This makes it a favorite among both users and investors.

The rise in investor sentiment post-BTC ETF has seen it gain traction. Aiming to ride the growing wave, whales have been doubling down and adding to their Litecoin bags. With significant room for growth, considering its 80% decline from the all-time high (ATH), it is one of the best coins to invest in, especially considering the rise in investor sentiment post BTC ETF.

According to analysts, this rise in its traction is likely the beginning of a significant run. To avoid FOMO (fear of missing out), we suggest stacking up some Litecoin tokens now.

Conclusion

The SEC earlier this week delayed its decision on Invesco and Galaxy’s jointly proposed spot Ethereum ETF application. Meanwhile, whales are bullish on Litecoin and InQubeta, gobbling up the tokens. With InQubeta poised to skyrocket after its launch, you can position yourself for significant gains by participating in the presale via the link below.

Visit InQubeta Presale 

Join The InQubeta Communities

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Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: info@ethnews.com Phone: +49 160 92211628
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