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Don't remind me again today

Grayscale DOGE ETF saw an 80% big dump in fund inflows on its first day, and investor enthusiasm cooled rapidly.

DAOplomacy

2025-11-27 13:41:50

Abstract generation in progress

【Coin World】Grayscale's DOGE ETF ( GDOG ) started off at its peak—raising $1.8 million on the first day, but plummeted 80% the next day, leaving only $365,000 in inflows. In total, it only managed to gather $2.16 million over two days, with a volume that was dismal, barely reaching $400,000.

Now the net assets have risen to 3.9 million, but this is mainly due to the price of DOGE climbing to $0.152, not because there are continuous buy orders coming in. To put it bluntly, it's just a flash in the pan—investor enthusiasm comes quickly and goes quickly, and the product itself hasn't stirred up much interest. This fragile rise completely follows the fluctuations of DOGE's price and has not formed any independent attraction.

DOGE-2.51%

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GateUser-d64cf707

· 4h ago

is it really like that, I'm also thinking of holding a little bit

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Mrs_Yen

· 6h ago

Bloomberg Intelligence ETF research analyst James Seyffart says “we’re going to have over 100 digital asset ETFs in the next six months. I’m tracking 150 different products that have been filed. This is going to be a big wave of ETFs.”

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ContractTester

· 17h ago

It's true that investors have such little patience. When DOGE rises, they jump in, and when it falls, they turn and leave. It's meaningless.

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LiquidatedNotStirred

· 17h ago

1.8 million on the first day, only 360,000 left on the second day? This is Grayscale's GDOG, a typical case of a strong start but weak finish. The net assets of DOGE pump look good, but if there’s no real buying interest, who’s going to take the buy orders? Another attention-grabbing ETF, and the investors have all run away.

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Hash_Bandit

· 17h ago

ngl, this is giving me 2017 altcoin pump vibes... 80% drop in flow momentum? that's not even a difficulty adjustment, that's just straight up network death lol. nobody actually wants the product, they just chased the hype train for like 36 hours before hopping off fr

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OfflineNewbie

· 17h ago

This is a typical Be Played for Suckers tactic, spiking on the first day and then directly Plummeting, investors were all drawn in. When the DOGE price fell, this ETF also went down with it, there was basically no real support. Another product that starts strong but ends weak, Grayscale really can't come up with anything new this time. 1.8 million on the first day, and only 360,000 left the next day, that drop is really ironic. Net assets of 3.9 million are also fake, purely supported by the DOGE price. To be honest, I won't touch any ETFs related to trend-following coins. The fact that investor enthusiasm cooled off so quickly shows that the product itself has no appeal. It's just relying on price Fluctuation to inflate the data, no wonder retail investors are losing money. That's why I only watch and don't buy, to avoid being played for suckers.

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ser_we_are_ngmi

· 17h ago

It's another one of those Be Played for Suckers schemes. Grayscale really shot themselves in the foot this time. --- 1.8 million on the first day, and then evaporated 80% the next day? This business is just ridiculous, no one believes it at all. --- To be honest, relying solely on shitcoin prices to support it, this product itself is really meaningless. --- The saying "Starts strong but ends weak" sounds nice, but it's really just about tricking people in and then running away. --- I just want to ask, who would still throw money into such a fragile thing? --- 3.9 million in net assets looks okay, but once buying stops, it all shows its true colors. It's laughable. --- Why not just call this ETF "FOMO Trading"? It's just riding the hype anyway. --- Zero independent appeal, purely using the Grayscale name to fool people.

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tx_pending_forever

· 17h ago

It's the same old routine again, explosive on the first day and then it cools off the next day, just playing people for suckers and running away. --- Grayscale's GDOG product is really disappointing, relying on DOGE prices to maintain appearances is meaningless. --- It's just a flash in the pan, investors' enthusiasm comes and goes just as quickly. --- From 1.8 million to 365,000, that plummet is outrageous. --- To put it bluntly, the product itself has no appeal, it's all just trend-following hype. --- Still thinking it has independent appeal, but in reality, it's purely supported by DOGE prices, hilarious. --- An 80% drop in inflows, is this still called an ETF? It feels more like a tool for suckers. --- 3.9 million in net assets, but that's all fake, real buying orders can't come in at all. --- Grayscale rushing to launch the DOGE ETF led to this result, creating trouble for no reason. --- Less than 400,000 in volume, how cold must it be?

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