everyone thinks an etf approval means automatic moon mission, but actually it just exposes whether real institutional demand even exists.
most of us keep holding bags waiting for tradfi liquidity to save our alts, only to watch liquidity dry up while we bleed out slowly.
bitwise is officially shutting down its $DOGE etf less than a year after launch. the harsh truth is that getting a wrapper listed gives you distribution, but it does not manufacture organic buyer interest. if inflows cant cover management fees and custodial overhead, issuers will just pull the plug without looking back.
this is a massive reality check while every midcap chases its own institutional product. $BTC and $ETH proved institutional demand is real for the majors, but thinking every meme coin gets the same institutional bid is straight up coping.
where do you think the next wave of failed crypto etfs comes from?
#CryptoTrading #Dogecoin #Altcoins
most of us keep holding bags waiting for tradfi liquidity to save our alts, only to watch liquidity dry up while we bleed out slowly.
bitwise is officially shutting down its $DOGE etf less than a year after launch. the harsh truth is that getting a wrapper listed gives you distribution, but it does not manufacture organic buyer interest. if inflows cant cover management fees and custodial overhead, issuers will just pull the plug without looking back.
this is a massive reality check while every midcap chases its own institutional product. $BTC and $ETH proved institutional demand is real for the majors, but thinking every meme coin gets the same institutional bid is straight up coping.
where do you think the next wave of failed crypto etfs comes from?
#CryptoTrading #Dogecoin #Altcoins
