The Crypto-Bitwise asset management hopes to launch a fund (ETF) negotiated in exchange for spots for Dogecoin (DOGE).
Bitwise filed a application With the Securities and Exchange Commission (SEC) of the United States to launch the best ETF same.
In a new interview with the Financial Times, the director of investments at Bitwise Matt Hougan said That mecoins are an important aspect of the cryptographic industry and have a strong interest of investors.
“Samecoins are totemic artefacts of emerging cryptographic culture. They are almost collectible objects in a sense and they are a way to express your affiliation with something. There are hundreds of millions of people who have a deep affinity with this culture. It is an intrinsically digital culture where memes are extremely important for this. Is it different from baseball cards or high art? No, it’s only different in form. “”
It also predicts a significant demand for a Dogecoin ETF product.
“The reality is that there are many people who want to invest in Dogecoin. It is the sixth largest cryptographic asset in the world by market capitalization and it exchanges more than $ 1 billion per day. »»
The approved ETF SPOT of the dry for Bitcoin (BTC) and Ethereum (Ethn) Last year but after great uncertainty and multiple delays. Cryptographic initiates now believe that the chances are greater than the SEC approves ETF for other digital assets after the former SEC president, Gary Gensler, who was widely considered anti-Crypto, resigned.
President Donald Trump appointed the defender of the cryptocurrency Paul Atkins to lead the dry.
DOGE is negotiated at $ 0.32 at the time of the editorial staff, up 1.1% in the last 24 hours.
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