Bitwise CEO says ‘tragic’ Dogecoin ETF failure shows gap between ETF buyers and crypto-app users

📌 The Rundown:
• Bitwise CEO labels Dogecoin ETF failure as “tragic,” highlighting a disconnect between institutional ETF investors and everyday crypto users.
• The firm’s recent NEAR spot ETF launch and AI focus signal a shift toward integrating mainstream finance with Web3 protocols, aiming to broaden user engagement and token utility.

🎯 Strategic Outlook:
Bitwise’s pivot to AI and protocol‑centric ETFs positions it to bridge institutional capital with on‑chain activity, potentially accelerating mainstream adoption of Web3 assets while reinforcing the need for user‑centric product design.

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