$DOGE Bitwise officially launched the spot Dogecoin ETF, with initial capital inflow reaching $365,000
On 26/11, Bitwise Dogecoin ETF (BWOW) was officially listed, bringing the total number of spot DOGE ETFs in the United States to two.
🔸 SoSoValue data shows that the total net inflow for the Dogecoin ETF on that day was $365,000. However, the entire amount came from the Grayscale fund. Bitwise's new fund recorded a trading volume of $2.83 million on its first day, but the net inflow was zero.
🔸 As of now, the total net assets of the Dogecoin ETF stand at $6.48 million. This cautious figure indicates that institutional investors remain cautious about meme coins.
With an additional regulated investment option, can Dogecoin attract significant capital from Wall Street in the long term, or will it continue to be a playground for retail investors?
The news is for reference only and not investment advice. Please read carefully before making decisions. $BTC
