Dogecoin ETFs See Record Inflows as Whales Load Up

The spot Dogecoin exchange-traded funds (ETFs) have seen a significant uptick in weekly inflows, reaching a new all-time high. This comes after months of weak demand that led to the closure of one such fund.

This renewed interest from investors has also been accompanied by increased accumulation by Dogecoin whales, which could fuel the next major expansion wave for the token.

The spot DOGE ETFs have recorded a 24-hour spot volume of $26.84 billion, representing an 11.3% increase. This surge in trading activity suggests that investors are taking notice and are willing to put their money into Dogecoin.