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History was made on January 10, 2024, when the US SEC gave the green light to spot Bitcoin ETFs, approving all 11 applications, including VanEck’s. It has been an upswing for Bitcoin and the entire crypto market since then.
A few weeks into February and the scene is still buzzing from GoDaddy’s integration with ENS. Meanwhile, VanEck, one of the leading asset managers, is set to reduce its spot Bitcoin fee rates to 0.2%. Thus, the “fee war” among asset managers continues, competing to get a larger share of the fast-growing Bitcoin ETF market.
In other news, investors have been doubling down on Stacks (STX), one of the market’s top altcoins, and InQubeta (QUBE), an emerging crypto. Boasting massive upside potential, these are the best cryptos to buy now.
InQubeta (QUBE): The Best New Altcoin to Invest in
InQubeta (QUBE) has been one of the best performers so far this year. It recently soared past $9.7 million in presale, highlighting a huge show of interest. Investors can’t seem to get enough, apparently.
The unprecedented presale participation can be attributed to its staggering growth potential as an emerging and promising AI altcoin—a low-cap gem. In addition, it aims to reshape the fast-rising AI sector, with its forward-thinking approach applauded by industry leaders.
It seeks to address the fundraising and accessibility challenges within the industry by building the first crypto-based crowdfunding platform and an NFT marketplace. AI tech startups will be able to source capital by minting investment opportunities, which will be represented as equity-based NFTs and fractionally offered to investors.
The ICO is currently in stage 7, and a token costs only $0.0224. Analysts’ enthusiasm is contagious, predicting a 50x rally after its launch, positioning it as the best new crypto to invest in, and a recommended presale.
VanEck: Bitcoin Spot Fee Slashed to 0.2%
VanEck is one of the world’s leading asset managers. Its spot Bitcoin ETF application was among the 11 approved by the SEC on January 10, a historic moment in crypto’s history. With the Bitcoin ETF market growing at a rapid pace and its launch tagged a “success” by industry leaders, competition among asset managers is heating up.
In the latest move in a US “fee war,” VanEck is set to slash its fee rates from 0.25% to 0.2%, according to a recent filing with the US SEC on February 15. This fee reduction will be effective on February 21st, representing a great move in capturing a larger share of the Bitcoin ETF market.
This development is on the back of several asset managers making similar moves. With VanEck set to be the latest to slash its fee in this game of fee reductions as competition rages in, the effect to follow remains to be seen.
Stacks (STX): Soaring Investor Interest
Stacks (STX) stands out as a Bitcoin smart contract layer. It has been closely mirroring BTC’s explosive growth and outperforming crypto’s poster boy in profits. Given its cheap price—a low entry point—and massive upside potential, investors can’t seem to get enough.
Its recent upswing was fueled by Bitcoin’s surge above $50,000 and the ensuing market rally. It is worth mentioning that Stacks was one of the biggest highlights of 2023, as it exploded.
With further upside anticipated this year, Stacks is among the best cryptos to invest in. To ride this bullish wave, you can double down on this top altcoin to position yourself for significant gains.
Conclusion
VanEck stirred up excitement following its decision to slash its spot Bitcoin ETF fee. Amidst this, investors have been flocking to Stacks and InQubeta, aiming to ride their massive bullish wave. With the InQubeta presale ongoing and poised to skyrocket after launch, you can participate in this top ICO through the link below.
Visit InQubeta Presale
Join The InQubeta Communities
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