Dogecoin ETFs record zero net inflows over last 24 hours

Dogecoin exchange-traded funds (ETFs) recorded zero net inflows over the last 24-hour period, according to data from SoSoValue. This lack of new capital follows a trend of inactivity that has persisted since August 4, when the funds last saw a positive net inflow of $82,640.

Investment products from asset managers including Grayscale, Bitwise, and 21Shares, as well as the REX Osprey DOGE ETF, have seen cumulative net inflows of $12.20 million, with total net assets valued at $10.05 million. While new capital has stalled, trading volume remained active, totaling $90,150 during the last 24 hours.

The period of flat inflows coincides with a time of market caution as investors await upcoming economic indicators, such as inflation data. Dogecoin recently traded at approximately $0.07, reflecting a slight increase of 0.89% despite the stagnant ETF inflows.