BlackRock Adds Bitcoin (BTC) to Its Target Allocation Portfolios, Pushing Prices Higher

BlackRock's attention to Bitcoin is not coming out of nowhere, as BlackRock spent all of 2023 pushing for a spot Bitcoin ETF approval in the U.S.

In a move that could have broad implications for the crypto space, the world’s largest asset manager, BlackRock, just added 1% to 2% of its target allocation portfolios to the iShares Bitcoin Trust ETF (IBIT).

This development was announced by ETF analyst James Seyffart, who called it a big deal, considering that BlackRock is the first of these models to include bitcoin and probably won’t be the last. However, despite this positive development for Bitcoin, analysts are convinced that the best cryptocurrency to buy now is a presale token that offers a better chance at massive gains.

Top on their list is the upcoming meme coin DuragDoge, which is still available for purchase at a low price.

What Is Being Said About Bitcoin

According to Seyffart, the models started on January 1, 2024, targeting a 3% to 7% Emerging Markets Strategic Factor ETF and a 1% to 2% iShares Bitcoin Trust ETF allocation.

suggesting that bitcoin has long-term investment potential and can add unique diversification to portfolios.

“We’re focused on identifying investment opportunities where we can provide unique solutions to meet evolving investor needs in today’s dynamic market environment,” said Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF models in a statement.

“In this vein, we’re launching a new series of Target Allocation ETF models that combine building blocks of ETFs to provide a seamless investing experience.”

This latest news and President Donald Trump naming bitcoin among the coins to add to a strategic reserve fund helped the project surge in the past week. The project rose 7% in the last 24 hours to $90,433 by 12:05 PM ET on Friday.

However, despite these predictions, crypto experts advise traders looking for the most promising crypto to consider DuragDoge.

Introducing DuragDoge

DuragDoge is a meme coin in the Doge ecosystem that is currently available for purchase. This upcoming project aims to take advantage of its unique features to top the list of best cryptos to invest in. Unlike most meme tokens, DuragDoge offers several outstanding features that make it a contender for a spot in the top 10 cryptos in the coin market.

With DuragDoge, traders will not worry about buying or sex tax. Additionally, there will be no team tokens, so investors do not need to fear market manipulation. Furthermore, DuragDoge will also feature a buyback and burn program to increase scarcity and the value of the remaining tokens.

The altcoin's primary focus is to build a community of dreamers, hustlers, and go-getters. It hopes to become more than just a meme coin—it aims to reflect identity and creativity and become a bigger movement than just crypto. Many experts believe this approach could make DuragDoge one of the top 10 cryptos in the coin market.

Don’t Miss Out on DuragDoge's 20% APY

DuragDoge's ongoing presale offers mouthwatering incentives, making it the best crypto to buy now. With its staking mechanism, investors who stake their tokens will earn up to 20% APY. Fund security is also guaranteed, as the project's smart contract has already passed Coinsult's audit checks.

Each $DURAG token is priced at just $0.0009. As a result, many crypto traders have flocked to the presale, knowing this could be the most promising crypto to invest in at the moment. With a total Supply of 2,000,000,000 $DURAG tokens, traders can't wait to invest in it.

The post BlackRock Adds 1% to 2% of Target Allocation Models to iShares Bitcoin Trust ETF (IBIT) at $90K Level As Trump Picks Coins For Strategic Reserve Fund