The record is clear: the two US spot ETFs on Dogecoin from Grayscale and 21Shares have not taken in or lost money on a single trading day since October 14, and their daily net flows stand at zero up to and including November 13. Our assessment follows further down: for a price that fell to a new intraday low of $0.0620 on Saturday, this removes a buyer that many investors had counted on over the past year.
One Dogecoin cost around $0.0631, or €0.0572, at midday on Saturday, November 14. According to CoinGecko, that is 3.5 percent less than 24 hours earlier and 12.4 percent less than a week ago. Over 30 days the loss is 21.4 percent. Bitcoin fell 2.9 percent over the same 24 hours and traded at a little over $67,000.
The fund figures come from the data service SoSoValue and were compiled on Saturday morning by U.Today. For investors in Europe this raises a practical question: anyone who wants exposure to DOGE has no access to the US funds here, but can choose an exchange-traded product on Xetra or a direct purchase on a crypto excha...
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