Bitwise CEO says ‘tragic’ Dogecoin ETF failure shows gap between ETF buyers and crypto-app users
60-second summary
Bitwise CEO calls the failed Dogecoin ETF “tragic,” saying it highlights a disconnect between institutional ETF investors and everyday crypto‑app users; he notes that while the regulator rejected the proposal, Bitwise recently launched a spot NEAR ETF and is now prioritizing AI initiatives, signaling the firm’s shift toward diversified, tech‑driven products that could reshape market demand.
Alongside its recent spot NEAR ETF launch, Bitwise is prioritizing AI and intends to do more in that area.