Bitwise Goes All-In: Files for Near, Solana, XRP, and Dogecoin ETFs in Bold Crypto Play
Wall Street’s crypto craving just got spicier—Bitwise drops a quadruple ETF filing, betting big on altcoins while the SEC drags its feet on ETH approvals.
Solana, XRP, Dogecoin... and now Near? The asset manager’s latest move reads like a ’greatest hits’ of crypto’s most divisive assets. Because nothing says ’mature market’ like gambling on memecoins and SEC-litigation magnets.
Behind the scenes: This isn’t diversification—it’s a Hail Mary pass for relevance. With BlackRock dominating Bitcoin ETF flows, smaller players are forced to court the degenerate altcoin crowd. Bonus points for timing: filings dropped right as crypto Twitter started yawning about ’boring’ $70K Bitcoin prices.
The cynical take: When in doubt, spray-and-pray ETF applications. After all, why solve real custody or regulatory hurdles when you can just paperwork-storm the SEC into submission?