An approved ETF cannot save an asset if real institutional demand simply does not exist.
A lot of retail traders pile into altcoins the second fund filing rumors surface expecting an automatic pump, only to end up holding bags when liquidity evaporates.
Bitwise is shutting down its Dogecoin ETF less than a year after launch because keeping the product alive simply stopped making economic sense. We tend to forget that launching a fund only solves the distribution pipeline. If capital allocators are not actively buying to cover custody and operational overhead, fund managers will pull the plug without hesitation.
$BTC proved that structural institutional appetite can absorb billions, but assuming every meme asset can replicate that playbook is a risky gamble. As more tokens like $DOGE chase traditional fund wrappers, we are going to see a wave of quiet liquidations once daily trading volumes fail to justify the maintenance costs.
Do you think most altcoin ETFs launching this cycle will actually survive the next two years?
#CryptoMarket #Altcoins #DOGE
A lot of retail traders pile into altcoins the second fund filing rumors surface expecting an automatic pump, only to end up holding bags when liquidity evaporates.
Bitwise is shutting down its Dogecoin ETF less than a year after launch because keeping the product alive simply stopped making economic sense. We tend to forget that launching a fund only solves the distribution pipeline. If capital allocators are not actively buying to cover custody and operational overhead, fund managers will pull the plug without hesitation.
$BTC proved that structural institutional appetite can absorb billions, but assuming every meme asset can replicate that playbook is a risky gamble. As more tokens like $DOGE chase traditional fund wrappers, we are going to see a wave of quiet liquidations once daily trading volumes fail to justify the maintenance costs.
Do you think most altcoin ETFs launching this cycle will actually survive the next two years?
#CryptoMarket #Altcoins #DOGE
