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In a dazzling feat, BlackRock’s iShares Bitcoin ETF (IBIT) has skyrocketed to an impressive $2 billion in assets under management (AUM). This remarkable achievement places IBIT at the forefront of the newly launched spot bitcoin products, overshadowing its peers. Let’s delve into the dynamics that propelled IBIT to this historic milestone.

With an approximately $170 million surge injected into iShares Bitcoin ETF (IBIT), the fund experienced a significant boost, acquiring nearly 4,300 bitcoins (BTC). The surge in bitcoin prices, crossing the $40,000 level, played a pivotal role in catapulting IBIT’s AUM beyond the $2 billion mark. While Grayscale’s GBTC boasts a substantial $30 billion AUM, IBIT’s swift ascent distinguishes it in the ever-evolving crypto landscape.

As IBIT revels in its success, the crypto arena anticipates the ascent of Fidelity’s Wise Origin Bitcoin Fund (FBTC), poised to be the next fund crossing the $2 billion threshold. Holding just under 44,000 bitcoins as of January 25, FBTC enters the competitive realm of altcoins to watch and presents investors with a compelling choice in their quest for top crypto coins.

Amidst the established players, a disruptor emerges – Rebel Satoshi ($RBLZ). Positioned as a community-driven meme token, Rebel Satoshi offers a unique proposition. Exploring 9,999 unique NFTs, the platform showcases exclusive digital art and collectibles, fostering a sense of rebellion and unity within the crypto community.

Rebel Satoshi transcends the conventional narrative of a mere token. With a mission to achieve a $100 million market cap, $RBLZ signifies more than a speculative investment. The memecoin challenges norms, striving to downsize hedge funds and centralized control mechanisms, contributing significantly to the broader pursuit of decentralization in the crypto space.

Currently in its Monarchs Round 4 presale, Rebel Satoshi beckons investors with a discounted offer of $0.0224 per $RBLZ token. The presale has witnessed tremendous success, with over 116 million $RBLZ tokens already claimed. As the project gears up for another presale stage, where the token’s price edges up to $0.024, investors looking for altcoins to watch and contemplating what crypto to buy find a compelling option in Rebel Satoshi.

Rebel Satoshi stands tall on the Ethereum network, recognized as one of the most secure blockchains in the crypto realm. As investors navigate the landscape of top crypto coins, Rebel Satoshi positions itself as a reliable choice, underpinned by the robust security of the Ethereum network.

Smart contracts powering $RBLZ have undergone rigorous scrutiny by Source Hat, a top auditing firm. This audit ensures the safety and integrity of Rebel Satoshi’s ecosystem, offering investors peace of mind in a market saturated with options.

In a market dominated by top crypto coins and altcoins to watch, Rebel Satoshi injects a spirit of rebellion and community-driven ethos. As the presale gains momentum, investors are encouraged to explore the potential of Rebel Satoshi, a memecoin that transcends tokenomics and aims to reshape the landscape of decentralized finance. Embrace the rebellion, ride the wave, and consider Rebel Satoshi as a unique and promising addition to your crypto portfolio. 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

The post BlackRock’s Bitcoin ETF quickly reaches $2B AUM; Rebel Satoshi, new memecoin attracts long-term investors appeared first on Invezz

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