The lackluster performance of Dogecoin Exchange-Traded Funds (ETFs) has led Bitwise to close its BWOW fund after a 10-month run. The decision marks the latest setback for altcoin ETFs, which have struggled to attract buyers. In contrast, funds tracking XRP and Solana have seen substantial inflows, totaling $3 billion. This disparity raises questions about the appeal and relevance of altcoin ETFs in the market.

Source
"Bitwise's Dogecoin ETF to Close Amid Lackluster Demand" — CoinDesk

This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.

DOGE · 7D · $0.0847−5.6%