Bitcoin (BTC) exchange-traded funds have generated lots of discussions since the US Securities and Exchange Commission (SEC) approved applications from asset managers like Grayscale in January. However, many people investing in BTC ETFs have opted to go through other asset managers like BlackRock and ARK Invest because Grayscale’s Bitcoin Trust ETF (GBTC) has the highest costs out of all the spot exchange-traded funds launched at 1.5%.
Grayscale has revealed its latest plan to attract new investors, including launching a Bitcoin Mini Trust with only a 0.15% fee, the lowest fee available for BTC ETFs. Franklin Bitcoin ETF presently has the lowest fees at 0.19%.
Investing in the new ETF spinoff is a non-taxable event for existing shareholders, so they can transfer capital to the new fund without paying a capital gains tax.
InQubeta (QUBE), the first crypto crowdfunding project to aim to make artificial intelligence (AI) investments available to all, has reached another milestone in its development as tokens launch on Uniswap and MEXC.
New DeFi project InQubeta (QUBE) poised to help investors build generational wealth
InQubeta’s intent to make AI investments easier for regular people to access has earned it lots of recognition from respected analysts. It will provide an alternative to conventional investing channels and the income or net worth requirements often associated with these firms.
InQubeta brings the world of AI and cryptocurrencies together by creating a crowdfunding investment space with the programmability it gets from its parent blockchain, the Ethereum (ETH) network.
AI startups secure funding on the blockchain by minting investment opportunities they have to offer financiers into non-fungible tokens (NFTs) that clearly state what each opportunity offers.
These tokens are displayed on the NFT marketplace, where users can learn about the different startups in the ecosystem and read expert opinions on them. QUBE, InQubeta’s native currency, is used for all transactions on the marketplace, and fractionalization enables investors to buy portions of any investment opportunities that suit their budgets.
Opening up AI investments
InQubeta democratizing access to AI investments means everyone can partner with some of the startups popping up today. Some of these companies will go on to earn investors substantial profits, much like many of those who backed companies like Netflix as the internet revolution unfolded have since earned generational wealth.
AI will impact human development in ways no other technology has in the past, and it will create a new class of millionaires and billionaires, much like other technology revolutions, like the emergence of cryptocurrencies, have done.
InQubeta allows investors to earn considerable profits by investing in AI startups they believe in or buying and holding QUBE as its price rises. QUBE costs $0.0308 now that it’s available on exchanges, but its price is expected to break the $1 mark before 2024 ends. That makes it one of the top altcoins to buy right now.
Grayscale makes a significant move to bring investors to its Bitcoin Mini ETF
The Grayscale Bitcoin Trust ETF (GBTC) emerged over a decade ago and started trading publicly in 2015 on an over-the-counter basis. This lasted until January, when the SEC finally approved its first set of exchange-traded funds after rejecting multiple applications.
Grayscale’s GBTC hasn’t enjoyed the interest other exchange-traded funds have because of its high trading fees. The launch of the Bitcoin Mini ETF will make it the cheapest ETF around, which should help grow the over $19.6 billion it presently has in assets under management.
Summary
QUBE is the best new cryptocurrency to invest in, and it can potentially bring investors up to 100x returns in 2024. Investors have demanded easy access to AI investments for several years, and InQubeta has answered their call.