Grayscale Dogecoin Trust holds $14.11M, just 0.097% of DOGE market cap
- —Grayscale Dogecoin Trust: $14.11M in assets versus $16.34M in cumulative net inflows
- —Combined weekly inflows into DOGE, LTC and HBAR funds for Sept 28–Oct 2 came in under $10M
- —Bitwise is closing BWOW: last trading day October 14, NAV payout October 22
- —DOGE spot turnover hit $854M on October 3 — 1.7x the entire Grayscale fund
Why it matters: The DOGE ETF channel is too small to move price, so inflow reports should not be read as a buy signal.
Source: CryptoTicker