Dogecoin rises despite first spot ETF outflows since launch

DOGE traded around $0.070 on August 1 even after spot Dogecoin ETFs logged $525,980 in net withdrawals in July 2026, the first monthly outflows since the funds launched in November 2025.

DOGE

Summary

Dogecoin rose 1.23% to about $0.070 on August 1 despite the first monthly net outflows from spot Dogecoin ETFs since their November 2025 launch. The funds posted $525,980 in net withdrawals in July 2026, pointing to softer institutional demand even as the token advanced on the day. Total ETF net assets stood at $9.9. Spot ETFs hold the underlying asset directly, and their flows are closely watched in crypto markets as a signal of whether investors are adding or withdrawing capital.

Terms & Concepts
  • spot Dogecoin ETFs: Exchange-traded funds designed to track Dogecoin by holding the underlying asset directly.
  • net outflows: The amount of money withdrawn from a fund after accounting for any new investments.
  • net assets: The total value of assets held by an investment fund.