BlackRock’s BTC ETF Inflows Spike: Best BTC Beta?

Markets are chopping up low-time frame traders while the boomers continue bidding Bitcoin aggressively via ETF products. BlackRock’s BTC ETF inflows spiked in late August, seeing over $224 million in net inflows — the highest in over a month. Bitcoin ETFs have been the core narrative driver this cycle, and BlackRock ETF has finally surpassed Grayscale in AUM (assets under management) holding over $21.6 billion in BTC.

The professionals are bidding on the lows while “retail”  panics and sells low. Traditional investors know what is on the horizon with the first telegraphed rate cut in September.

But what is the best BTC beta for investors who want a directional trade with BTC but with amplified returns? Bitcoin Dogs has become the leading meme coin on the network and was the first-ever ICO to take place on BTC. When Bitcoin starts trending again, 0DOG could quickly enter the stratosphere.

Bitcoin ETFs Inflows Spike

Markets have a habit of transferring capital from the impatient to the patient, and nowhere is this more obvious than BTC. BlackRock’s IBIT (0IShares Bitcoin Trust) saw monster inflows totaling nearly a quarter of a billion dollars on Monday, the 26th of August. The fund already holds more than 350,000 BTC and has become a cash cow for BlackRock.

Fink believes that the Bitcoin ETFs are only the first step in the technological revolution of finance, with his end goal being asset tokenization. Larry Fink, one of the world’s most powerful men, believes the IBIT product ‘is the most successful ETF of all time.’ And while crypto natives have been panicking over short-term volatility, BlackRock has been buying.

Many BlackRock clients remember what happened to Gold’s market cap when ETF products were introduced, and sellers at these levels are missing the woods for the trees. Bitcoin, relatively speaking to TradFi, is still small potatoes. Gold has a nearly $16 trillion market cap compared to BTC’s $1 trillion market cap. These seasoned investors know the ropes and have a long-term horizon — the most profitable attitude for Bitcoin holders.

Why 0DOG Is the Best BTC Beta Trade

Booming inflows into ETF products are an early signal that a massive rally will start. Holding Bitcoin Dogs (0DOG) is the best way to capitalize on this incoming surge and maximize returns this cycle. Soft pegged to BTC’s price as a BRC-20 token, 0DOG is pushing innovation on the Bitcoin network.

Its Ordinals collection allows people to own proprietary on-chain art, its Telegram game coming in Q4 brings GameFi to Bitcoin, and this Tamagotchi-inspired game could quickly replicate Hamster Kombat’s success and see more than 300 million daily active users. But most important is Bitcoin Dogs’ historical significance as the first-ever ICO on the network.

People heard about Bitcoin in 2013, 2017, and even 2020 but have yet to buy it. Will they let a chance to get in early on the first ICO pass them by? Bitcoin Dogs trades directionally with BTC but, given its much smaller market cap, allows investors to crank up their potential returns without using leverage. Meme coins excel in positive market sentiment, and when BTC crosses $100,000, there is no ceiling for how high this token can climb.

The first-mover advantage in the BRC-20 space should not be underpriced, and Bitcoin Dogs is already listed on MEXC and Gate.io. Bidding on 0DOG while BlackRock ETF inflows are surging is shaping up to be one of the best trades of the year.

Q4: Rate Cuts and BTC Trading Above $100,000?

Rate cuts are on the horizon, global liquidity is about to surge, and the Fed will introduce some type of quantitative easing to help inflate away US debt. There has never been a better time to buy risk assets.

When Bitcoin finally crosses $100,000, a flood of retail capital will FOMO in, starting the euphoric phase. This is when meme coins outperform and can add billions to their market cap in days. Few market opportunities are as attractive as buying 0DOG, BTC’s leading beta trade.

You can also visit the official Bitcoin Dogs website to learn more.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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