A Dogecoin ETF Is Already Shutting Down 😬 Less than a year after launching, Bitwise is shutting down its Dogecoin ETF. I think failed crypto ETFs are going to become just as interesting as successful ones. Getting an ETF approved gives an asset distribution. It doesn't create demand. If investors don't put enough money into the product, the economics of keeping it alive eventually stop making sense. That's a useful reality check as more altcoins chase ETFs. Bitcoin proved people wanted $BTC exposure through brokerage accounts. That doesn't automatically mean investors want every crypto asset packaged the same way. An ETF wrapper opens the door. Someone still has to walk through it. #Macro Insights# #Altcoin Season#