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Bitwise closes Dogecoin ETF, a warning that ETF access isn't demand

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Bitwise will be discontinuing its Dogecoin ETF in October, not long after trading began, which indicates that while gaining regulatory approval and access to brokerage firms is a step forward, it is not an assurance that there will be a sustainable demand for a crypto fund that deals with only one token. The more significant... Crypto Insight Analysis: Direction: Bearish DOGE Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF closure signals weak demand for DOGE investment products.

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Bitwise closes Dogecoin ETF, a warning that ETF access isn't demand — Crypto Insight