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The SEC decision on Bitcoin ETFs, finally giving the green light to spot Bitcoin ETFs on January 10, continues to be the talk of the investment town. In the first three days of trading, it soared past $9.4 billion. With investing in BTC ETFs turning out to be a new trend, an explosive surge in the price of Bitcoin is anticipated.
Meanwhile, Polygon (MATIC) and InQubeta (QUBE) have emerged as altcoins to watch. Gathering steam and poised for a strong rally, these are the best cryptos to buy now.
InQubeta (QUBE): The Next Big Thing
Finding the next big thing and taking an early position is one of the most effective ways to position yourself for staggering gains. Positioned at the intersection of AI and blockchain, InQubeta (QUBE) has been hailed as one of the most bullish narratives in recent times. Interestingly, as one of the new ICOs, you can become an early adopter. The presale has been creating quite a buzz, with a whopping $8.4 million raised at the time of this writing.
Its convergence of AI and crypto will see it transform the fast-rising AI sector with blockchain. If you are curious as to its unique offerings to this AI revolution – it will be a crypto-based crowdfunding platform and a custom-built NFT marketplace. The crowdfunding platform will allow tech startups to raise capital—through crypto—by minting investment opportunities as equity-based NFTs and offering them to investors.
Worthy of note, its upcoming NFT marketplace will provide investors with democratized access to the burgeoning AI market. In stage seven of the presale, a token costs only $0.0224, and analysts tip it for a 65x rally after its launch, making it the best new crypto to invest in.
Bitcoin (BTC) ETF: $9.4 Billion in First Three Days of Trading
January 10, 2024, will be one to be remembered. After a decade-long wait, the quest for spot Bitcoin ETFs finally came to an end. The US SEC approved applications from 11 asset managers, notably BlackRock, Grayscale, and Bitwise, among others. By the third day of trading, the volume had soared past $9.4 billion, a development that suggests Bitcoin’s acceptance in the mainstream traditional financial landscape.
One of the key benefits of Bitcoin ETFs is that investors don’t need to hold the digital currency before gaining exposure. In all, it is bullish not only for Bitcoin—the best cryptocurrency—but for the entire crypto industry. If you have yet to add Bitcoin to your crypto portfolio, now is a great time to do so.
Polygon (MATIC): Rising Momentum
Polygon (MATIC) is another cryptocurrency not to overlook. Although flying under the radar, it is one of the most promising cryptocurrencies, boasting massive upside potential. It was trading at $1 at the start of the year, although bearish pressure has seen it experience a price decline. With the Bitcoin ETF impact on crypto prices becoming more prevalent, Polygon is one of the cryptocurrencies to keep on your radar.
Besides its rising momentum and staggering growth potential, Polygon’s critical role is another of its standout features. It is a layer-2 scaling solution and one of the most popular. With adoption rising and demand for MATIC soaring, it is one of the best coins to invest in. To avoid experiencing the fear of missing out (FOMO) later on, we suggest grabbing a bag now and HODL.
Conclusion
The Bitcoin ETF is the rave of the moment, surpassing $9.4 billion in the first three days of trading. Meanwhile, Polygon and InQubeta have been gathering strong momentum, making them promising plays not to miss out on. To participate in the ongoing QUBE presale, click the link below.
