Dogecoin ETFs Go Quiet Again After Brief $345K Inflow Surge
3 Articles
3 Articles
The Dogecoin-backed ETFs are still struggling to convince investors. After a brief burst of subscriptions, the institutional interest has quickly faded, confirming the difficulties of these products to impose themselves on the market. While asset managers are seeking to extend the offer of crypto ETF beyond bitcoin and ethereum, the memecoins-related funds illustrate the limits of this diversification. This new phase of stagnation revives the qu…
🚨 Net inflows into Dogecoin ETFs remained at $0 on July 24th. 📊 Despite this, weekly flow turned positive with inflows of $345,130 on July 21st. 📉 As the $DOGE price fell to $0.07, the open interest size increased to $1.10 billion. 🧭 Analyst Ali, 0.056...
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