Dogecoin ETFs See Record Weekly Inflows Following Bitwise Exit Announcement
US spot Dogecoin (DOGE) ETFs recorded their highest weekly net inflows of $2.89 million for the week ending September 25, according to SoSoValue. This milestone follows the announcement that Bitwise will liquidate its own Dogecoin fund, BWOW, on October 14. Grayscale's GDOG has captured the majority of recent inflows, now holding approximately 81% of the total assets across these funds. Despite the record, the total holdings of these ETFs represent only 0.11% of Dogecoin's total market capitalization.
Summaries are written by AI from the original article. Not investment advice.