Bitwise says excluding memecoins on principle would be a mistake The $1.9 trillion asset manager argues that leaving established memecoins out of its index would undermine an active approach to crypto investing. @Bitwise runs some of the largest US crypto ETFs and is separately

What happened

Bitwise, a $1.9 trillion asset manager, said excluding established memecoins from its crypto index would be a mistake because it would weaken an active investing approach.

Confirmed

Global impact / market context

The comment signals that Bitwise sees memecoins as a legitimate part of active crypto strategies, which could shape how index providers treat these volatile tokens and affect future fund designs.

Analyst inference

Crypto exchange‑traded funds (ETFs) are expanding, but memecoins are known for extreme price swings, sparking debate about their place in regulated investment products.

Analyst inference

What to watch

1. If Bitwise modifies its index to include memecoins or launches a new ETF that holds them, it would show practical commitment beyond the statement. Analyst inference
2. Regulators’ response to any memecoin inclusion, such as guidance or restrictions, will affect how other providers can follow Bitwise’s approach. Analyst inference
3. Investor appetite for memecoin exposure through ETFs, measured by fund inflows or survey data, will indicate whether the market supports Bitwise’s stance. Analyst inference

Evidence

• x.com