Dogecoin ETFs Return to Stagnation Following Brief Inflow Surge

Dogecoin exchange-traded funds (ETFs) have experienced a brief surge in inflow, but have since returned to a stagnant phase. According to data from SoSoValue, Dogecoin ETFs saw $0 in daily total net inflow on July 24, mirroring the same trend seen on July 22 and 23.

This is not the first time Dogecoin has experienced a zero-inflow streak, particularly among newer or lesser-volume crypto ETFs. Despite this, Dogecoin has crossed $12 million in cumulative total net inflow as of July 24, with a brief $345,130 recorded on July 21.

The lull in inflows may be short-lived, however, as Dogecoin signals remain mixed. Analyst Ali notes that the TD Sequential has flashed a buy signal on the monthly chart just as DOGE approaches a major support level around $0.056, potentially leading to a rebound toward $0.16 and an upside target near $0.45.