The Dogecoin spot ETF has just set the largest weekly inflow since its listing, yet the price action is softening first.
To be objective: this figure is a true record, but the scale needs to be seen clearly. From September 21 to 25, the U.S. spot DOGE ETF saw net inflows of about $2.89 million, surpassing the earlier peak of roughly $2.59 million from the first week of the month, and also significantly higher than about $280,000 from the prior week. The money is mostly concentrated on three days: Monday, Tuesday, and Friday. Grayscale’s GDOG absorbed all of Friday’s roughly $806,000, and it now accounts for about 80% of the total trading assets. Bitwise’s BWOW has already announced liquidation, with the last trading day around October 14. In the same week, Bitcoin spot ETFs pulled in about $2.39 billion—Dogecoin’s figure is nowhere near even the fraction of that.
Overall, sentiment is being supported, but the support is light—the market is still seeing increased volume with weakness. Dogecoin is around 0.0926, down about 5.6% on the day; daily high 0.0989, daily low 0.0924. Bitcoin is around 82,950.
A record week meets product contraction and a soft chart—this looks more like localized re-stocking than a broad-based frenzy.
Let’s be clear: a record week doesn’t necessarily mean it’s about to launch immediately. If you have long positions, consider trimming a bit on the rebound to 0.096–0.098, and let it digest around 0.091. If it drops below 0.089, admit the mistake. If you’re currently on the sidelines, don’t rush to chase the first candle yet—wait to see whether next week’s inflows can continue, and whether BWOW’s liquidation on October 14 triggers any spillover “pulling water,” then we can talk direction again.
Watch two points: whether DOGE ETF weekly inflows can pick up again, and whether 0.091 can hold. If both line up, then we can discuss adding to positions.
$DOGE $BTC
To be objective: this figure is a true record, but the scale needs to be seen clearly. From September 21 to 25, the U.S. spot DOGE ETF saw net inflows of about $2.89 million, surpassing the earlier peak of roughly $2.59 million from the first week of the month, and also significantly higher than about $280,000 from the prior week. The money is mostly concentrated on three days: Monday, Tuesday, and Friday. Grayscale’s GDOG absorbed all of Friday’s roughly $806,000, and it now accounts for about 80% of the total trading assets. Bitwise’s BWOW has already announced liquidation, with the last trading day around October 14. In the same week, Bitcoin spot ETFs pulled in about $2.39 billion—Dogecoin’s figure is nowhere near even the fraction of that.
Overall, sentiment is being supported, but the support is light—the market is still seeing increased volume with weakness. Dogecoin is around 0.0926, down about 5.6% on the day; daily high 0.0989, daily low 0.0924. Bitcoin is around 82,950.
A record week meets product contraction and a soft chart—this looks more like localized re-stocking than a broad-based frenzy.
Let’s be clear: a record week doesn’t necessarily mean it’s about to launch immediately. If you have long positions, consider trimming a bit on the rebound to 0.096–0.098, and let it digest around 0.091. If it drops below 0.089, admit the mistake. If you’re currently on the sidelines, don’t rush to chase the first candle yet—wait to see whether next week’s inflows can continue, and whether BWOW’s liquidation on October 14 triggers any spillover “pulling water,” then we can talk direction again.
Watch two points: whether DOGE ETF weekly inflows can pick up again, and whether 0.091 can hold. If both line up, then we can discuss adding to positions.
$DOGE $BTC