COINDESK DAILY: Doge ETF in the Works; CFTC's Leadership Changes

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CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 23 January 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Christine Lee breaks down the latest news in the crypto industry from Bitwise's filing for a Doge ETF to staff changes at the CFTC. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry as Bitwise has officially submitted a registration filing for a dogecoin ETF. Plus, House Democrats are skeptical of Trump's crypto business moves and CFTC undergoes major staff changes. - From our sponsor: In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.8	A Doge ETF is in the works and Democrats are calling for an investigation into Trump's related
0:55.1	crypto businesses. It's Thursday, January 23rd, 2025. I'm Christine Lee. This is CoinDest Daily.
1:05.9	We all want to believe in something. In Chinese, belief also means trust. We want to trust our systems
1:13.2	and each other so we can build a future beyond what we know. Join us at Consensus Hong Kong,
1:19.3	where belief becomes real. Asset manager Bitwise has officially submitted a registration filing
1:25.1	for a Dogecoin exchange traded fund. That came on the back of investment managers Rucks shares and Osprey funds,
1:31.3	filing paperwork for several crypto ETFs, including one for Dogecoin.
1:36.3	Doge is the largest mean coin with a market cap above $50 billion.
1:40.3	It has the support of tech mogul Elon Musk,
1:43.3	who's recently created Department of Government
1:45.4	Efficiency briefly featured the Doge logo on the website. Increased demand could drive up Doge prices
1:51.9	if the product captures even a small fraction of the inflows seen by Bitcoin ETFs.
	...

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