Dogecoin ETFs Surge, Then Stall at $12M Inflow Mark

Dogecoin exchange-traded funds (ETFs) have seen a recent surge in inflows, only to return to a stagnant phase. On July 21, Dogecoin ETFs recorded $345,130 in daily total net inflow, marking a brief break from the zero-inflow streak since July 6.

According to data from SoSoValue, Dogecoin has crossed $12 million in cumulative total net inflow despite the lull in inflows. The ETFs' cumulative total net inflow stood at $12.12 million as of July 24.

Dogecoin is also marking its first positive week of inflows since the week ending June 18, recording a weekly inflow of $345,130.