In a recent update, BlackRock’s spot Bitcoin ETF has become one of the top five exchange-traded products (ETPs) in the United States regarding capital inflows, signaling a rising interest in crypto.
This is being echoed in the world of crypto presale as a new contender,BlockDAG (BDAG), moves on to batch 2 with $1.25 million in the bank after a rapid batch 1 sellout. The project unveils its vision for 2024, which goes well with the miraculous start. Let’s delve into the details and try to understand what’s coming.
BlackRock in the Top 5 ETPs in the USA:
According to YCharts statistics, the cryptocurrency fund with the ticker IBIT was in the top 0.16% of 3,109 US exchange-traded funds. Experts remark that the BlackRock ETF was forced to miss the first seven trading days in 2024. The corporation was waiting for SEC permission.
Bloomberg senior analyst Eric Balchunas stated that the inflow of capital into IBIT has topped $3.19 billion since its inception. According to his estimations, BlackRock’s bitcoin ETF ranks 0.02% among the world’s biggest ETPs. At the same time, the total number of existing exchange items is around 10,000.
Besides Fidelity’s, analysts remark that BlackRock’s crypto funds are pulling away from other businesses’ popular Bitcoin ETFs. Yet, it’s worth noting that the whole spot Bitcoin ETFs hype was expected to raise the crypto prices so high. However, reality did not meet the high expectations.
BlockDAG’s Sensational Entry As A Global Powerhouse
BlockDAG is making waves in the cryptocurrency world with its easy-to-use mining platform, quickly becoming a top contender against Kaspa and earning the nickname “Kaspa Killer.
Distinguishing itself from Kaspa, BlockDAG has launched an exciting presale, offering early investors a chance to buy in at a lower price without facing the usual competitive hurdles. After a successful first batch that amassed over $1 million, the coin’s price is now an appealing $0.0015, setting the stage for a potential 50-fold increase when it hits the market at $0.05.
BlockDAG introduces itself as an ecosystem with a solid ability to process transactions and create blocks safely and at unprecedented speeds. Initially, BlockDAG’s system can make up to 10 blocks per second, but the project aims to raise this number to 30, all while maintaining a high level of security.
The phenomenal and world-class tech stack of BlockDAG has urged analysts to speculate that it is a global phenomenon.
BDAG: 4 Income Streams – 1 Mega Project
Although direct trading in the presale is an excellent chance for investors to make money, BlockDAG offers three additional income streams for more diversification. One is the Mobile Mining Convenience, an innovative approach that enables users to earn an estimated 20 BDAG Coins daily through a hassle-free cloud-based mobile mining app.
In addition, BlockDAG offers dedicated mining units to enhance profitability for active miners. To ensure profitability, the Trade Miners option post-presale allows users to leverage the versatility of BDAG Coin miners on third-party platforms. With these multiple choices, BlockDAG is the only cryptocurrency to offer four diversified income streams with one project.
An Eye into the Future
The BlackRock spot Bitcoin ETF is performing well, and Bitcoin price is rising to new highs in February. However, BlockDAG takes a clear path, moving forward with steady steps towards more and more success over the coming months. In its 2024 resolution, BlockDAG sets the goal to gather $600 million throughout the year, and considering the $1 million raised in 24 hours of batch 1, how far can the presale go in 45 batches?
Invest in BlockDAG Presale:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
