Bitcoin Volatility Matches Stocks, 21Shares Launches Dogecoin ETP

Despite recent market volatility, Duncan Moir, President of 21Shares, asserts that crypto assets are proving valuable for long-term diversification and gaining traction as legitimate investment options. Speaking on CNBC Monday morning, Moir addressed the impact of macroeconomic factors on Bitcoin and the firm’s launch of a Dogecoin (DOGE) exchange-traded product in Europe. Moir states that while crypto is experiencing volatility, it’s aligning with broader asset classes, particularly equities.