Exclusion: Dogecoin ETF reasonable, more cause coin ETF, Bitwise CIO said

Chief investment officer Matthew Hougan It is said on Monday that although the Meme Coin ETF is not completely on the desktop, they are not “free”. It emphasizes the demand for liquid and global distributed markets and has limited internal influence.

what happened: Hougan talked with Benzinga at the Digital Assets Forum in London to discuss the possibility of these ETFs in the future, and also emphasized that this is not all assets, and they must be top -level and liquid members.

Huogan quoted Dog Doge/USD In view of its 12 years of history, fair launch and positive communities, as an example of coin.

“So, should most institutions or professional investors allocate as an asset? No, it is absolutely not. It has no memory other than” basic value “.” It also pointed out that “this is an important monetary asset Bitcoin BTC/USDIntersection No. “

However, he clarified: “Is this a short pump and reserve plan? No.”

Hougan emphasized that the core argument of providing Dogecoin ETF is to invest tokens for existing communities, rather than the safety and cost benefits of existing community investment through the potential risk concentrated exchanges.

However, when asked if the approval of the Dogecoin ETF will pave the way for other causes of coins ETF Shiba Inu (Shiba Inu) Shib/USD,,,,, Bangka Bangk/US dollar or Brett Brett/US dollarHougan warned that this was not “nothing.”

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Why is it important: Hougan said that his company would not create ETFs for all encrypted assets, and said: “We do not want ETF to be assets of liquidity, manipulation or important inside of inside. No existence. “

He explained that it is necessary to have the smallest internal influence in the global distributed and high -flow market. He said, “So, which encrypted assets are widely distributed and extremely flowing global markets, it is difficult to manipulate them for internal personnel. “” ”

He pointed out that he has not completed assets such as BONK or other coins, which shows that hesitating to create these ETFs.

He also expressed a belief that although he expected ETF to get the largest high-quality crypto assets of the top 10-20, most of the factors may not have ETF qualifications, because these smaller market value coins will be too expensive. Can’t run ETF.

Hougan pointed out: “When you get 25 kinds of assets, a small part of the asset is a small part of the first asset.”

He further predicted the large amount of Bitcoin ETF, and it is expected to be north of US $ 50 billion in 2025.

He explained that current investors will “double” their own shares, and institutional participants will also have new money.

He emphasized that although the macro conditions generate short -term fluctuations, the long -term driving factor of Bitcoin is specific to cryptocurrencies.

Because the new demand is higher than the new needs of ETFs and corporate participants, “Bitcoin this year will rise 200,000 US dollars this year.” I regard it today as a chance to buy. “He said.

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