Dogecoin Price Drops Amid First Recorded Outflows From Spot ETFs

Dogecoin's price has fallen in recent days, following the first recorded outflows from its spot ETFs since their launch in November 2025. The DOGE ETFs have seen a total of $525,980 withdrawn in July 2026, marking a shift in institutional interest.

The total net assets of the ETFs now stand at $9.96 million, down from cumulative inflows of $12 million. Technical indicators show a bearish death cross on the weekly chart, suggesting potential further price declines toward $0.056.

Increased geopolitical tensions and reduced speculative demand in futures markets also contribute to selling pressure, indicating a cautious outlook for DOGE investors.