Dogecoin ETF Sees Heavy Outflows as Investors Reassess Meme-Coin Exposure

The 21Shares Dogecoin ETF Common Shares of Beneficial Interest saw significant outflows this week, as investors pulled nearly a quarter of its assets.

The TDOG fund recorded net redemptions of $564,840 on August 14, cutting its assets under management to $2,124,600.

This represents about 26.6% of the AUM, indicating a significant vote of caution from investors who had previously invested in meme-coin exposure via regulated wrappers.

The related asset, DOGE-USD, is currently trading at $0.07651 after losing roughly 29.5% over the past three months.