When Will Ethereum ETF Be Released? These 2 Ethereum Alternative Coins Are Taking the Crypto World By Storm

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The U.S. Securities and Exchange Commission (SEC) approved Bitcoin ETFs last January. This news has given many Ethereum investors hope regarding Ethereum ETFs. However, according to the latest news, it has become clear that Ethereum ETFs will not be approved at least in May.

Earlier Tuesday, the SEC delayed making decisions on spot Ethereum ETF offerings from Franklin Templeton and Grayscale, pushing the timeline for Franklin Templeton’s ETF to June 11 and Grayscale’s ETF to June 23.

The SEC’s mindset towards approving spot Ethereum exchange-traded funds has never been entirely clear. Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered Bank, was one of those optimistic on this issue. “We previously expected the SEC to approve ETH ETFs on May 23,” a report on Tuesday said. he wrote.

Kendrick also added the following to his statement: “The prevailing opinion was that the Ethereum ETH approval process would follow a similar path to the BTC ETF approval (which the SEC gave in January) and that constructive dialogue would take place between the SEC and ETF applicants. But so far no such dialogue has occurred (or at least has not been made public), making a May 23 approval date unlikely.”

According to sponsored content, while the possible approval process of Ethereum ETFs is being followed with interest, two crypto projects have become very popular in the crypto world with their successful pre-sales. 5thScape‘s ICO is said to have raised over $5 million. 99Bitcoins It stands out with its learn-earn concept, built on the Bitcoin blockchain. Its presale is approaching $1 million. In this sponsored article, the details of these projects are conveyed.

5thScape (5SCAPE) – Ethereum Based Project Aiming to Develop VR & AR Content

Buying 5SCAPE tokens means investing in an ambitious gaming platform in both the virtual and decentralized world. This new cryptocurrency project has passed the $5 million milestone in its ICO. The platform focuses on virtual reality (VR), augmented reality (AR) and gaming experiences.

Powered by the Ethereum-based ecosystem, the 5SCAPE token is sparking speculation that it could be the next big crypto gaming project. According to the platform’s technical review, the project is developing its own VR headset and ergonomic gaming chair for gamers to immerse themselves in the 3D environment.

5thScape; It is based on a series of VR games that cover sports such as MMA combat sports, cricket, football, archery and more. A first look at these games reveals realistic graphics and intuitive gameplay aimed at conquering the growing VR gaming market.

However, many investors think that 5thScape’s decentralized approach is what makes the project special and unique. The platform includes a creator marketplace where developers can design, publish and monetize VR experiences using the native 5SCAPE token. So this virtual marketplace will consist of user-generated VR content. The team hopes it can create a beneficial ecosystem for developers as well.

5thScape’s ICO consists of 12 different rounds, and the developers aim to raise $15 million. Of the 5.21 billion 5SCAPE coins in token supply, 80 percent (over 4.1 billion tokens) are reserved for early investors. As is usually the case with crypto sales, fewer and fewer 5SCAPE tokens are distributed with each round, but prices are gradually increasing.

Click to review 5SCAPE Token

99Bitcoins (99BTC) – Standing Out Platform with Learn-Earn Concept

Buying 99Bitcoins tokens means investing in the first learn-to-earn BRC-20 token, where investors are rewarded for learning about crypto. Like most new cryptocurrencies, 99Bitcoins launched a token presale to attract initial investors and raise funds for development.

99BTC native tokens can be purchased at a discounted price from the pre-sale. The price of the token is currently $0.00102. However, this price will increase when the next pre-sale round goes.

The project aims to be a leader in the crypto education space and markets itself as the most comprehensive online learning resource available. Users can access a range of training courses, crypto trading signals, strategies and mentorship all in one place.

In addition to providing users with leading cryptocurrency education, 99Bitcoins aims to build a community of crypto investors who can share insights and foster valuable connections. This will allow users to learn and improve their crypto knowledge with the help of other investors.

99Bitcoins is a versatile project with many core components. Understanding the different elements of the platform is very important when making an informed investment decision. Users will be rewarded for their participation on the platform, adopting the learning-to-earn model. This could further encourage usage of the platform and bring real-world value to the ecosystem.

99Bitcoins also offers rewards of up to $99,999, so it’s sure to appeal to many people. The total supply of the project is 99 billion. 15 percent of these tokens are currently available for purchase in the presale, and the remaining tokens will be allocated to marketing, staking, project funds, community rewards, and liquidity.

Click to review 99Bitcoins Token.

*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!

Source : 5Scape, 99Bitcoins


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