Institutional demand is limited: Despite the ETF launch, the first day showed weak activity — low volumes and zero new applications indicate a sluggish start. Financial flows are negative: Over the past 5 days, the total net capital outflow from #DOGE exceeded –26 million USDT, reflecting investor caution. Macroeconomic pressure: Possible tightening of the Fed's rhetoric or rising bond yields could again impact the crypto market, especially high-risk coins like ADA and DOGE. Comprehensive assessment: Weakness in the spot market: Liquidity outflows and low ETF operation volumes hinder growth. Market volatility: The fear and greed index at 24 indicates a continued phase of fear. Sector competition: The growth of projects with major updates (, for example, SOL and SUI), may divert traders' attention from DOGE in the short term.
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#DOGEETFListsonNasdaq
Institutional demand is limited:
Despite the ETF launch, the first day showed weak activity — low volumes and zero new applications indicate a sluggish start.
Financial flows are negative:
Over the past 5 days, the total net capital outflow from #DOGE exceeded –26 million USDT, reflecting investor caution.
Macroeconomic pressure:
Possible tightening of the Fed's rhetoric or rising bond yields could again impact the crypto market, especially high-risk coins like ADA and DOGE.
Comprehensive assessment:
Weakness in the spot market:
Liquidity outflows and low ETF operation volumes hinder growth.
Market volatility:
The fear and greed index at 24 indicates a continued phase of fear.
Sector competition:
The growth of projects with major updates (, for example, SOL and SUI), may divert traders' attention from DOGE in the short term.