Dogecoin ETFs haven't seen an outflow since January.

Steady Flows as Broader Market Sells Off

While Bitcoin and Ethereum funds absorbed heavy outflows during this week's crypto selloff, $DOGE spot ETFs have quietly held their ground. Data from @SoSoValueCrypto shows the three U.S.-listed Dogecoin funds have not recorded a single outflow day since late January, with the last red session falling on January 20.

The funds in question are Grayscale's GDOG, 21Shares' TDOG, and Bitwise's BWOW. Data compiled by SoSoValue shows that Grayscale's GDOG, 21Shares' TDOG, and Bitwise's BWOW are the three funds tracking the asset. Total assets across the group sit at roughly $13.5 million, a fraction of $DOGE's overall market capitalisation. For context, Grayscale's GDOG leads with $10.97 million in cumulative inflows and $9.97 million in net assets.

Dogecoin is attracting institutional inflows while Bitcoin and Ethereum exchange-traded funds recorded roughly $1.26 billion and $216 million in outflows last week, respectively. That contrast is notable, even if the scale of DOGE flows remains modest in absolute terms.

Small Numbers, Consistent Direction

The figures mark the strongest monthly inflow total for $DOGE products since January and suggest that demand has returned after several quieter months. The product group has remained net positive every month since its November 2025 launch.

$DOGE ETFs have posted positive monthly net inflows every month since launching in November 2025, with January remaining the strongest month on record at $4.07 million. April brought in $1.99 million, and May climbed to $2.15 million.

The inflows are meaningful for $DOGE's young ETF market, but they remain modest in absolute terms and are concentrated across only a handful of trading days rather than showing steady daily accumulation, according to SoSoValue data. The consistency of direction, however, stands out against a backdrop of broader risk-off sentiment across crypto markets.

Sources:
NewsBTC: Dogecoin ETFs Wake Up With Strongest Inflows Since January
Coin Edition: Dogecoin ETF Inflows Rise Again as DOGE Faces Key Resistance
FXStreet: Will ETF Inflows Fuel the Next Dogecoin Rally?