Dogecoin ETFs Hit Record Week After Bitwise Exit Plans. Will Price React?
US spot Dogecoin (DOGE) exchange-traded funds (ETFs) drew $2.89 million in net inflows in the week ending September 25. That is their largest week since launch, according to SoSoValue data. An ETF lets investors buy exposure to an asset through a normal brokerage account, much like buying a stock. The record came 11 days after Bitwise said it would shut its own Dogecoin fund. Sponsored Sponsored Dogecoin ETF Inflows Beat the January Record The previous weekly high was about $2.59 million, set in the week ending January 2, SoSoValue data shows. The week before this one brought in only $284,510. All of the new money arrived in three sessions last week. Monday, Tuesday, and Friday. Dogecoin ETF Weekly Flows. Source: SoSoValueGrayscale Takes Nearly All the Money as Bitwise Exits BeInCrypto reported on September 10 that Bitwise will liquidate its Dogecoin ETF, BWOW. Its last trading day is October 14, barely three weeks away. The fund has lifetime net outflows of $1.23 million and holds $801,400. Dogecoin ETF Issuers. Source: SoSoValue Sponsored Sponsored “Bitwise has determined to liquidate the Fund as it continues to optimize its product range to meet evolving investor needs,” the issuer stated. Since that announcement, cumulative inflows into Grayscale‘s GDOG rose from $11.7 million to $15.46 million. Meanwhile, 21Shares’ TDOG









