According to The Block, Bitwise CEO Hunter Horsley described the failure of a proposed Dogecoin exchange-traded fund (ETF) as “tragic,” citing it as evidence of a gap between investors interested in traditional ETF products and users of cryptocurrency applications.
Horsley made the comment while discussing broader strategy at Bitwise. Alongside its recent spot NEAR ETF launch, the company is prioritizing investments in artificial intelligence and plans to expand activities in that area.
