$0 in Dogecoin ETF Daily Net Inflow: Cause for Concern? - U.Today

DOGE4,76%
BTC4,14%
ETH2,65%
XRP4,34%

According to Sosovalue data, the trio of Dogecoin ETFs, Grayscale, 21shares and Bitwise saw $0 in daily net inflows.

This is not far from the recent trend as, since Feb. 3, the Dogecoin ETFs recorded zero daily net inflows but saw minor trading, with total value traded ranging between $150,000 and $1.37 million in this time frame.

This trend repeated for most of December and January. Except for a few days that saw net inflows, punctuated by outflows as well, the spot ETFs saw $0 in daily net inflows.

HOT Stories

XRP Yield Risks Explained by XRPL Contributor, Schiff Acknowledges Satoshi’s Innovation With Bitcoin, Six Macro Events to Define Crypto Market This Week: Morning Crypto Report

Ethereum’s Massive Slump Continues With Sixth Straight Red Month

Dogecoin ETFs took off on a slow start shortly after launch. For instance, Grayscale’s spot Dogecoin ETF (GDOG) debuted with $1.4 million in trading volume, much lower than analysts’ expectations and falling below the demand seen for major cryptocurrencies.

At the year’s start, sentiment briefly flipped as Dogecoin and meme coins led a sharp bounce across crypto assets, with the 2x Dogecoin ETF outperforming other ETFs.

However, the price rally at the year’s start quickly reversed, with Dogecoin trading at multimonth lows.

Dogecoin fell for five straight months since September 2025 and has marked the first two months of 2026 in losses. That backdrop has bled into ETFs as well.

The bigger macro setup is that when Bitcoin stays range-bound, and when majors drop, speculative flows tend to spill over into meme coins as they do not require a macro catalyst to trade, but when sentiment shifts, meme coins are hit the hardest.

Dogecoin price

The weekend rally faded as major cryptocurrencies declined on Monday. At the time of writing, Dogecoin was down 3.99% in the last 24 hours to $0.092. If it declines further, sellers might seek to pull the Dogecoin price below the $0.09 support. If this is done, Dogecoin may retest the Feb. 6 low of $0.0799.

A strong rebound suggests potential range formation with Dogecoin trading sideways between $0.08 and $0.12 for some time.

Buyers might return to the driver’s seat if Dogecoin rises above $0.12. This would open the pathway to a rise to $0.16.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Best Crypto To Buy Now: Saylor Hints At Fresh Bitcoin Buy While Dogecoin Teases Rebound, But DeepSnitch AI Gears For Super Launch As 500x Projections Draw Investors

Bitcoin sentiment turned bullish again after Strategy co-founder Michael Saylor hinted that the company could be preparing another BTC purchase. Historically, signals like this have triggered renewed attention across the crypto market, with investors already scanning the market for

CaptainAltcoin2m ago

Dogecoin Price Analysis: DOGE Rebound Faces Resistance, Short-term Downward Risk May Quickly Return

Dogecoin (DOGE) recent rebound momentum has weakened, and the current price is facing resistance around $0.0930. Technical analysis shows that the bulls are encountering resistance at $0.0950 and $0.0972, with downside support levels at $0.090 and $0.0884. Market sentiment influences the price, and there is still a risk of volatility in the short term.

GateNews2h ago

Dogecoin Jumps 6% to $0.095 — Triangle Breakout Puts $0.1038 Resistance in Focus

Dogecoin is trading at $0.095599 with a daily profit of 6.0% and its level of support and resistance is at $0.09001 and $0.1038 respectively. The third retest of the historical bottom channel of Dogecoin occurs in the monthly chart, which has already rebounded around $0.0002 and around the

CryptoNewsLand14h ago

Dogecoin Tests $0.090 Support After 3.4% Drop as Traders Watch Key Price Range

Dogecoin is currently trading at $0.09061 which is a drop of 3.4 percent, and the price is close to the important level of $0.09011 support. The chart indicates a series of tests of the support zone of $0.089-$0.090, and the closest resistance is represented by $0.09353. A hold of

CryptoNewsLand14h ago
Comment
0/400
No comments