🐕 Dogecoin ETFs See Record Inflows
US spot Dogecoin ETFs brought in $2.89 million in new money during the week ending September 25. This was their biggest weekly inflow since launch.
The previous record was around $2.59 million. Most of the new money came on Monday, Tuesday, and Friday.
Grayscale’s GDOG received the most money and now holds about 81% of the total assets across these Dogecoin ETFs.
Meanwhile, Bitwise plans to close its Dogecoin fund BWOW, with its final trading day set for October 14.
$DOGE is trading near $0.098, with a market value of around $15.3 billion.
For comparison, US spot Bitcoin ETFs attracted $2.39 billion in the same week — over 800 times more than Dogecoin ETFs.
Simple takeaway: Dogecoin ETF interest is growing, but it is still very small compared with Bitcoin ETF demand.
#BTC #Doge🚀🚀🚀 #tranding #crypto
US spot Dogecoin ETFs brought in $2.89 million in new money during the week ending September 25. This was their biggest weekly inflow since launch.
The previous record was around $2.59 million. Most of the new money came on Monday, Tuesday, and Friday.
Grayscale’s GDOG received the most money and now holds about 81% of the total assets across these Dogecoin ETFs.
Meanwhile, Bitwise plans to close its Dogecoin fund BWOW, with its final trading day set for October 14.
$DOGE is trading near $0.098, with a market value of around $15.3 billion.
For comparison, US spot Bitcoin ETFs attracted $2.39 billion in the same week — over 800 times more than Dogecoin ETFs.
Simple takeaway: Dogecoin ETF interest is growing, but it is still very small compared with Bitcoin ETF demand.
#BTC #Doge🚀🚀🚀 #tranding #crypto