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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.
What is Bitcoin Dog?
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 of the promising projects currently in its early stages. The project aims to capitalize on the growth of the Bitcoin blockchain in recent years. It will provide utility to users and is the first BRC-20 token ICO on the Bitcoin network.
The team explains that Bitcoin Dogs will ensure investors enjoy an exciting value proposition as they combine essential features of cryptocurrencies, non-fungible tokens (NFTs), decentralized finance (DeFi) and Web3 culture.
The pre-sale ended a few weeks ago, raising over $13 million in the process. The team is now focused on listing the token on exchanges while launching their product.
One of Bitcoin Dogs’ main products is the launch of the largest NFT mint on the Bitcoin network. Developers hope that the Bitcoin network can compete with other leading smart contract blockchains such as Ethereum, Solana, and BNBChain.
Bitcoin Dogs Prepares to List on Three Major Cryptocurrency Exchanges
Following the successful pre-sale, Bitcoin Dog raised nearly $13.5 million, with only $900 million of 0DOG tokens minted.
Investors can look forward to an exclusive NFT collection and an immersive gaming ecosystem with the $0DOG tokens.
After the pre-sale, $0DOG will be listed on three Tier 1 cryptocurrency exchanges within three days. The token will be available on Gate.io, Mexc, and Unisat starting on August 21st at 11 a.m. UTC.
This listing on major exchanges will make $0DOG accessible to millions of investors and traders worldwide.
Should You Invest in Bitcoin Dogs Tokens?
With the pre-sale concluded, investors can now purchase $0DOG tokens from the mentioned cryptocurrency exchanges starting on Wednesday.
However, the decision to invest in Bitcoin Dogs is still up to individual investors. Apart from the current exchanges, the team is also working on listing $0DOG on several other cryptocurrency exchanges to increase accessibility.
Given the volatile nature of the cryptocurrency market, potential investors should carefully consider their investment decisions. With the ongoing bull market, Bitcoin Dogs could emerge as a top-performing asset in the near future.
