Grayscale Leads Record-Breaking Dogecoin ETF Inflows to $2.89 Million

Dogecoin ETF inflows reached $2.89 million in the week ended September 25, surpassing the previous weekly high of $2.59 million set in January.

The surge in demand came on the back of Grayscale's GDOG fund, which received all $806,060 in Friday inflows and held $13.87 million in assets, about 81% of the group's total, according to SoSoValue data.

The record-breaking inflow marked a sharp rise from the only $284,510 net inflow recorded during the prior week and exceeded the previous high set in January by $300,000.