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Alexander Blume, CEO of Two Prime Digital Assets, said that the DOGE ETF application will "definitely" happen, and he believes that with the outstanding success of the BTC ETF, startup finance companies will seek to create any product that may succeed, although whether it will be approved is another matter.
Alexander Blume, chief executive of Two Prime Digital Assets, said: "ETFs give institutional and retail investors alike access to cryptocurrencies through traditional financial channels regulated by banks and exchanges, and access to cryptocurrencies through ETF exposure opens up pools of capital that didn't exist before, which is like replacing a swimming pool hose with a fire hose, meaning potential kinetic and speculative trading could have a greater impact."
Alexander Blume, chief executive of Two Prime Digital Assets, said MicroStrategy's plan to raise $42 billion to acquire more bitcoin was a "win-win". More and more investors are considering how to invest in bitcoin in the face of further dollar depreciation, which is one of the reasons for the recent strength in bitcoin's price, which may stimulate more institutional interest in bitcoin and related investments.
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