Crypto's Rollercoaster Ride: 21Shares President Duncan Moir Stands Firm on Bitcoin and Dogecoin's Future

Forget the market jitters! 21Shares President Duncan Moir isn't backing down. In a fiery CNBC interview, he boldly declared that crypto assets like Bitcoin and Dogecoin aren't just surviving—they're thriving as key players in investor portfolios for the long haul.

Catching the morning buzz on CNBC, Moir didn't hold back. He tackled the wild economic storms shaking Bitcoin (BTC) and dropped the bombshell about 21Shares' new Dogecoin (DOGE) exchange-traded product hitting Europe.

Sure, crypto's been on a wild ride, but Moir's not sweating it. He's convinced the turbulence is nothing compared to the chaos rocking other markets. "Crypto's just dancing to the same beat as the rest of the financial world," he quipped.

And here's the kicker: Bitcoin's long-term volatility? It's cooling down, especially with big institutional players diving in. "We're hitting a sweet spot where Bitcoin's volatility is matching up with stocks," Moir added with a grin.

Some naysayers claim Bitcoin crumbles during inflation spikes, but Moir isn't buying it. "The inflation hedge argument? It's as solid as ever," he fired back. "With its fixed supply, Bitcoin's a rock-solid store of value, and new investors are catching on."

Dogecoin ETP: Timing Is Everything

Now, about that Dogecoin ETP launch in Europe? Some might call it risky, given Dogecoin's meme roots and rollercoaster moves. But Moir's all in, calling it a masterstroke. "Dogecoin's got this unique vibe," he explained. "It kicked off as a fun social token, but it's morphing into a global payment powerhouse. Big companies are jumping on board."

And the ETP? It's not for the day traders looking for a quick buck. "This is for the long-term believers," Moir emphasized. "We're making crypto investing as easy as snagging a stock, no matter the market vibes."

But here's the real kicker: 21Shares' Dogecoin product isn't just another launch. It's a groundbreaking, officially blessed partnership with the Dogecoin crew. "This partnership is one-of-a-kind," Moir beamed. "You don't see these exclusive deals every day."