On November 6, U.S. DOGE spot ETFs saw zero net inflows, while the Fear & Greed Index stood at 28 that same day. Those two figures were put together and read as a sign that demand had disappeared.
Another development took place that day: on November 5, 21Shares notified House of Doge that it was terminating its research, data, operations, and marketing support services agreement (SEC Form 8-K, filed November 6). TDOG had approximately $1.75 million in assets on November 6.
A product with $1.75 million in assets had no net inflows that day—that’s the scale of things. What concerns me more is that the support provider pulled out first.
$DOGE
#Dogecoin #Web3
NFA, just my personal opinion.
Another development took place that day: on November 5, 21Shares notified House of Doge that it was terminating its research, data, operations, and marketing support services agreement (SEC Form 8-K, filed November 6). TDOG had approximately $1.75 million in assets on November 6.
A product with $1.75 million in assets had no net inflows that day—that’s the scale of things. What concerns me more is that the support provider pulled out first.
$DOGE
#Dogecoin #Web3
NFA, just my personal opinion.