Jupiter Cancels Plans for XRP ETP Investment; Will InQubeta Be Part of Next Bull Run?
Jupiter Asset Management recently moved to cancel its partnership with the 21Shares Ripple (XRP) exchange-traded product because of regulatory issues faced in Ireland. Jupiter invested over 2 million into the fund and didn’t lose much by pulling out of the investment.
The catalyst for the decision was Jupiter’s compliance team detecting a non-compliant trade involving one of its Irish funds. As a result, its Ripple ETP holding was liquidated for $2,570,670. Jupiter’s cancellation of its ETP comes at a time when rumors about an XRP exchange-traded fund being approved by the US Securities and Exchanges Commission (SEC) are intensifying in the crypto space.
InQubeta (QUBE) is an emerging crypto that’s expected to be one of the fastest-growing projects in 2024. It hosts an Ethereum (ETH) based decentralized crowdfunding ecosystem that looks to make investments in artificial intelligence easier for regular investors to access. Its objective is to provide a more accessible and efficient alternative to mainstream investment channels.
InQubeta has emerged as a favorite among cryptocurrency investors as its presale raises over $10 million with three more stages to go. It’s been a lucrative venture for early investors so far, earning them 220% returns.
QUBE is currently priced at $0.0224 per token and its supply is limited to $1.5 billion. Prices are anticipated to surge as much as 10,000% once the presale concludes and tokens can be traded on exchanges.
InQubeta’s investment ecosystem positions it at the intersection of blockchain technology and artificial intelligence: two of the most disruptive tech revolutions launched in the past couple of decades. Investments in AI are increasing exponentially and InQubeta aims to address the
Read more on cryptonews.com
