BlackRock, the world’s largest money manager with over $9 trillion in assets under management, is making significant strides in the crypto world. The CEO has been making headlines, stating that crypto is a flight to quality amidst global issues such as the Israeli war and global terrorism.

Now, let’s go into a detailed analysis of the 12 best altcoins to watch after BlackRock’s Bitcoin ETF approval.

➖ Litecoin (LTC): Often overlooked due to its less flashy nature compared to Ethereum or other tokens, Litecoin has regulatory clarity like Bitcoin. This clarity provides a level of security for investors, knowing that Litecoin operates within a defined legal framework. Recently, Litecoin hit a new all-time high in hash rate, indicating increased mining activity and network security. This development could potentially lead to increased investor confidence and higher prices.

➖ Injective (INJ): This blue-chip token recently made a strategic partnership with Google Cloud. The integration into Google Cloud’s BigQuery will enable developers and businesses to perform key functions, opening up a plethora of opportunities for growth and innovation. Backed by Binance, Pantera, and Mark Cuban, Injective is showing a promising upward trajectory, making it a token to watch.

➖ Board Ape Yatch Club (BAYC) : Despite the current NFT bear market, BAYC just had a major win in a copyright infringement case, strengthening its brand. This victory could potentially increase investor confidence in BAYC, making it a strong contender in the NFT space. As the market recovers, BAYC could see significant growth.

➖ TomoChain (TOMO) : As a champion of free speech and information, TomoChain is building a decentralized internet for anyone in the world to access censorship-free. This mission resonates with many in the crypto community, potentially leading to increased adoption and price growth. TomoChain recently launched a bounty program, which could help build a strong community around the project.

➖ MultiversesX: A dark horse in the L1 space, MultiverseX has recently seen Europe’s largest telecommunications company, Deutsche Telekom, running a MultiverseX EOLD validator. This development could potentially lead to increased adoption and use of MultiverseX, driving up its price.

➖ Solona SOL : Backed and partnered with some of the biggest names in the world, Solana is being set up for success for the next cycle. Recent partnerships with Dubai Free Zone and OKX Web 3 Exchange are likely to foster growth and innovation in the Solana ecosystem. Additionally, Solana’s impressive price rally and positive press coverage make it a strong contender in the crypto market.

➖ Ethereum (ETH): Ethereum’s economic model is excellent and should become the industry standard. Its supply algorithmically adapts to external market conditions, providing a balance between security and scarcity. This adaptability could potentially lead to increased demand for Ethereum, driving up its price.

➖ MINA protocol : The world’s lightest blockchain, Mina Protocol, is bringing access and privacy to Web3 with zero-knowledge tech. This unique selling point could potentially attract a large user base, leading to increased adoption and price growth.

➖ Crypto.Com.Coin (CRO): Crypto.com just recorded its highest Bitcoin inflows since the FTX collapse, indicating a strong presence in the bull market. As the bull market approaches, Crypto.com is likely to ramp up its marketing efforts, potentially leading to increased demand for the CRO token.

➖ Binance Coin (BNB): Despite going through a lot, Binance Coin is a gamble that could pay off if Binance survives its current challenges. Buying when there’s fear in the air and blood on the streets could potentially lead to significant returns if Binance recovers.

➖ Frax Finance (FXS): A rising star in the DeFi space, Frax Finance recently unveiled its sFXS staking vault, attracting $30 million early on. This development could potentially lead to increased demand for the FXS token, driving up its price.

➖ Ripple (XRP): With Ripple’s regulatory clarity in the US, XRP is expected to perform better in the upcoming bull market. This regulatory clarity could potentially lead to increased investor confidence and higher prices for XRP.

In conclusion, the approval of BlackRock’s Bitcoin ETF is a game-changer for the crypto industry. It’s time to keep a close eye on these 12 altcoins, as they are poised to fly high in the upcoming bull market. Remember, always do your due diligence before investing.