Markets· ★★· bearish·

Dogecoin ETFs post largest weekly outflow since August at $538,000

  • —Dogecoin ETFs saw roughly $538,000 in net outflows this week
  • —Previous weekly outflow peak was over $564,000 in mid-August
  • —DOGE dropped 5.62% in 24 hours to about $0.0755
  • —The funds have seen little to no weekly inflows for months
Why it matters: Weak ETF demand points to cautious institutions and reinforces the bearish case for DOGE.
Source: U.Today