Dogecoin ETFs Show Cooling Demand

[AIcash]

US spot Dogecoin ETFs are seeing low activity, with total value traded (TVT) falling to $142K, the lowest since their launch.

While DOGE itself stays liquid, trading over $1.1B in the broader market, investors are bypassing ETFs and buying DOGE directly on exchanges. Early expectations for ETF volumes, like Grayscale’s debut day forecast of $12M, fell far short.

[The_Walking_Dead]

DOGE ETF volumes dropping this low is pretty telling.

[Capybara_Capybara]

Traders clearly prefer spot DOGE over ETF wrappers.

[Revenant]

Big gap between market liquidity and ETF demand.