Dogecoin ETFs flop: $12M in 10 months versus $3B for XRP and Solana
- —DOGE funds: $12 million in inflows over 199 trading days, with zero flows on 166 of them
- —XRP ETFs attracted $12.29 million in a single day on September 9 — more than all DOGE funds in 10 months
- —From August 13 to September 10, DOGE funds lost $108,000, while XRP and SOL each attracted about $190–199 million
- —Bitwise will close BWOW: $687,700 in assets, trading until October 14, payouts on October 22
Why it matters: The failure of DOGE ETFs shows that demand for altcoin funds depends on the institutional case rather than the token's retail popularity.
Source: CoinDesk