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Coin Edition 2025-02-17 10:30:00

Dogecoin ETF: Why Bitwise’s Matt Hougan Believes This Meme Coin Deserves a Spot

Dogecoin ETF: Why Bitwise’s Matt Hougan Believes This Meme Coin Deserves a Spot

Bitwise files for Dogecoin ETF, recognizing its lasting value and community support. Matt Hougan says it’s unfair to compare Dogecoin to TRUMP coin. Despite challenges, Dogecoin’s committed user base continues to grow. Dogecoin has been a bit of an outlier in the crypto world. Originally created as a joke based on the “Doge” meme, it has since become one of the most recognized coins in crypto. It’s built a loyal following that’s stuck around; and now, it’s back in the news, this time with talk of a possible Dogecoin ETF (Exchange-Traded Fund). Bitwise Makes a Surprise Move Recently, Bitwise filed for a Dogecoin Spot ETF. While this might seem unusual given Dogecoin’s meme origins, Bitwise’s Chief Investment Officer, Matt Hougan, shared why they decided to file for the ETF. In an interview with Thinking Crypto , Hougan said Dogecoin is different from your average meme coin that quickly fades away. “ You need to look at this sustained community that’s made it through 12 years and it’s probably going to be here for the next 20, ” he said. Related: SEC Postpones Coinbase Appeal Response Citing New Crypto Task Force More Than Just a Joke Now … The post Dogecoin ETF: Why Bitwise’s Matt Hougan Believes This Meme Coin Deserves a Spot appeared first on Coin Edition .

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