Bloomberg ETF Analyst: Insist that Dogecoin lacks the practicality required for ETF
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最新报道：Despite community opposition, Bloomberg senior ETF analyst Eric Balchunas remains steadfast in his belief that Dogecoin lacks utility, according to a report from Bijie.com. He reiterated this view on Wednesday on X Platform (formerly Twitter), questioning Dogecoin's practical use. In response to the backlash against his previous assertion that Dogecoin has no practical use, Balchunas challenged the disgruntled Dogecoin (DOGE) community to clarify the practical use cases for the "meme coin." For context, the Bloomberg ETF expert revealed on Tuesday that the first US ETF tracking the performance of Dogecoin (the largest meme coin by market capitalization) would launch later this week. Furthermore, he stated in the statement that the investment vehicle would be the first "ETF designed to intentionally hold an asset with no practical use."
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