Wall Street can get any crypto ETF approved on paper, but that does not mean anyone will actually buy it.
Most traders still treat ETF filing headlines as an automatic signal to buy, only to get trapped holding bags when the expected wave of institutional liquidity never shows up.
Bitwise is officially shutting down its $DOGE ETF less than a year after its launch. It turns out that getting a fund approved only creates the distribution channel, not the actual buying demand. When the underlying trading volume and inflows cannot cover the operational costs of maintaining the fund, the issuer simply pulls the plug.
While $BTC proved there is massive institutional appetite for macro digital assets, slapping an ETF wrapper on every speculative token does not guarantee product-market fit. As more funds rush to file products for $ETH and other alts, we are likely approaching a harsh filter where only assets with real, sustained demand survive.
Do you think we will see more altcoin ETFs quietly shut down over the next year?
#CryptoETF #Dogecoin #Altcoins
Most traders still treat ETF filing headlines as an automatic signal to buy, only to get trapped holding bags when the expected wave of institutional liquidity never shows up.
Bitwise is officially shutting down its $DOGE ETF less than a year after its launch. It turns out that getting a fund approved only creates the distribution channel, not the actual buying demand. When the underlying trading volume and inflows cannot cover the operational costs of maintaining the fund, the issuer simply pulls the plug.
While $BTC proved there is massive institutional appetite for macro digital assets, slapping an ETF wrapper on every speculative token does not guarantee product-market fit. As more funds rush to file products for $ETH and other alts, we are likely approaching a harsh filter where only assets with real, sustained demand survive.
Do you think we will see more altcoin ETFs quietly shut down over the next year?
#CryptoETF #Dogecoin #Altcoins
