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- BlackRock’s Bitcoin and Ethereum ETFs have more than $21 billion in assets under management, surpassing long-time leader Grayscale.
- Bitcoin Dogs raised more than $13 million during a pre-sale and will be listed on three major exchanges on Wednesday.
BlackRock Becomes King of Crypto ETFs
BlackRock, the world’s largest asset management company, has also become a leader in digital assets. According to blockchain intelligence firm Arkham, BlackRock’s digital asset exchange-traded funds have surpassed those offered by Grayscale in terms of total assets under management.
The firm’s IBIT (spot Bitcoin) and ETHA (spot Ethereum) currently have $21.6 billion in assets under management, surpassing the $21.3 billion held by Grayscale’s four funds (GBTC, BTC Mini, ETHE and ETH mini) .
Against this backdrop, Grayscale’s GBTC has mostly recorded outflows since January, while BlackRock’s IBIT has attracted investor inflows.
Bitcoin Dog: A New Player in the Crypto Market
BlackRock’s growing popularity in the digital asset space shows that more institutional investors are taking a stake in the ecosystem and are looking for new projects to support.
Bitcoin Dog is one such promising project emerging in the market. It aims to leverage the growth of the Bitcoin blockchain and offer unique utility to users. Being the first BRC-20 token ICO on the Bitcoin network, Bitcoin Dog is positioned to bring together the worlds of cryptocurrencies, NFTs, DeFi, and Web3 culture.
Bitcoin Dogs to Hit Major Exchanges
Following a successful pre-sale that raised over $13 million, Bitcoin Dogs is set to make its debut on three Tier 1 cryptocurrency exchanges. With only $900 million of 0DOG tokens minted, investors will have access to an exclusive NFT collection and an engaging gaming ecosystem.
The listing on Gate.io, Mexc, and Unisat on August 21st will open up $0DOG to a global investor base, offering potential growth opportunities in the burgeoning digital asset market.
Investing in Bitcoin Dogs: A Lucrative Opportunity?
With the official listing on major exchanges, investors now have the opportunity to acquire $0DOG tokens. While the decision to invest in Bitcoin Dogs ultimately rests with individual investors, the project’s innovative approach and potential for growth in the crypto market make it an enticing prospect.
As the cryptocurrency market continues to evolve, Bitcoin Dogs could emerge as a top-performing asset, offering investors a chance to capitalize on the ongoing bull market and the transformative potential of blockchain technology.
