stinkmeaner

🐕 Dogecoin just had its biggest ETF week ever. One ETF is still shutting down...
#dogecoinetfspostbiggestweeksincelaunch

U.S. spot DOGE ETFs pulled in $2.89M last week — the largest weekly inflow since launch.

Sounds huge until you look at the denominator.
The entire DOGE ETF category represents only about 0.11% of Dogecoin's market value, and Grayscale's GDOG holds roughly 81% of the category's assets.

Meanwhile, Bitwise is still winding down its BWOW fund:
Last trading day: Oct. 14.
Liquidation distribution: around Oct. 22.

So here's the distinction I think matters:
A record weekly flow tells us demand is increasing.
It does not tell us the market has reached meaningful institutional scale.

In fact, the concentration is striking:
one major fund is gathering most of the category's capital while another is exiting.
That's a very different signal from broad-based adoption.

My question:
Does DOGE's ETF market keep expanding after the novelty fades — or was this simply a record week inside a still-tiny market?

The next few weeks should tell us more than the record itself.
DYOR. ETF flows do not guarantee DOGE appreciation, and Bitwise has not said its liquidation was caused by weak demand.
$DOGE

#DogecoinETFsPostBiggestWeekSinceLaunch #Dogecoin‬⁩ #BinanceSquare #Stinkmeaner