Grayscale's Dogecoin ETF Sees 80% Drop in Inflows After Two Days

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Citing NewsBTC, Grayscale Investments' first spot Dogecoin ETF (GDOG) saw a sharp decline in inflows just 48 hours after its launch on November 24, 2025. While the first day brought $1.8 million in inflows, the second day dropped to $365,420, marking an 80% decline. The total net inflows now stand at around $2.16 million, far below expectations and significantly lower than the early success of other crypto ETFs like those for Solana and XRP.

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