dogecoin

According to data from CoinDesk, the three U.S. Dogecoin ETFs have seen a total net inflow of only about $12 million in the past 10 months, while the XRP fund attracted $12.29 million in a single day on September 9. Out of the 199 trading days covered in the statistics, the Dogecoin fund had zero net flow for 166 days, accounting for over 83%. During the period from August 13 to September 10, it also recorded a net outflow of about $108,000.In contrast, since its launch in November 2025, the XRP fund has accumulated a net inflow of $1.7 billion, while the SOL fund has raised $1.36 billion since its launch in October 2025, both exceeding the total amount of the Dogecoin fund by more than 100 times. During the 20 trading days from August 13 to September 10, the XRP fund added $190.5 million, and the SOL fund saw inflows of $199 million, while the Dogecoin fund recorded net outflows. Even though the price of Dogecoin rose over 30% in the last two weeks of August, it did not significantly change this situation.Weak demand has led to a contraction in the product line. Cryptocurrency asset management company Bitwise announced it would close its Dogecoin ETF BWOW, which has been in operation for less than a year since its launch in November 2025, and as of September 9, had an asset size of only $687,700. Trading is expected to stop on October 14, and remaining shareholders will receive cash on October 22. A Bitwise spokesperson stated that the company decided to liquidate the fund to continue optimizing its product line to meet the changing needs of investors.

Cryptocurrency asset management company Bitwise announced on Thursday that it will liquidate and close its spot Dogecoin (DOGE) exchange-traded fund, approximately 10 months after the fund's launch. The last trading day for the Bitwise Dogecoin ETF (BWOW) on the New York Stock Exchange is expected to be October 14, and the liquidation will be conducted in cash, with shareholders needing to take no action.Bitwise stated that the decision to liquidate the fund was made to continue optimizing its product line to meet the changing demands of investors. BWOW was launched in November 2025, with an initial trading volume of approximately $3 million on its first day, but it has failed to reach that level again since then. According to SoSoValue data, the fund saw a net inflow of approximately $318,000 last month, reversing a slight outflow in July.The spot Dogecoin ETF first debuted in the U.S. market in September 2025. Despite being highly anticipated at launch, it failed to attract investor interest. To date, the cumulative trading volume of the Dogecoin fund is approximately $300 million, which is significantly lower than that of alternative coin ETFs such as Hyperliquid ($2.1 billion), Zcash ($1.5 billion), and Chainlink ($680 million).

Bitcoin is currently hovering around the $78,000 mark, with a 24-hour decline of 0.04% and an increase of about 1% over the past week. The overall cryptocurrency market is under pressure due to the strengthening dollar and changes in interest rate expectations, with Solana and Dogecoin leading the decline at around 2%, followed closely by Hyperliquid and XRP; Ethereum, BNB, Zcash, and TRON are basically flat.Meanwhile, the yen has fallen below the 160 mark against the dollar and is trading near the Tokyo market. Market strategists believe that a further depreciation of the yen to around 161 could trigger intervention, while the 162 to 163 range may face stronger intervention pressure. Previously, after Federal Reserve Chairman Waller's speech in Jackson Hole, market expectations for rising U.S. interest rates have heated up, leading bond investors to start pricing in the possibility of a Fed rate hike, which in turn strengthened the dollar.This round of interest rate expectation repricing has previously led institutional funds to withdraw from Bitcoin ETFs. The market will focus on the monthly fund flows of Bitcoin ETFs.

According to The Block, the Dogecoin (DOGE) related organization House of Doge announced a partnership with the regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-level crypto brokerage and custody network.Paxos is the underlying blockchain infrastructure service provider for payment platforms such as PayPal, Venmo, and Mercado Libre, which rely on Paxos' capabilities to offer users the buying, selling, and custody of crypto assets.This initial phase of the partnership is aimed at enterprise clients, and it remains unclear whether it will expand to consumer applications in the future. House of Doge CEO Marco Margiotta stated that this collaboration will accelerate the accessibility of Dogecoin globally and provide a compliant access path for mainstream fintech platforms.Paxos indicated that this move aims to provide secure and compliant access to digital assets through its regulated infrastructure and support enterprise clients in expanding their crypto asset product lines.

According to Coingecko data, HYPE's market capitalization has surpassed Dogecoin (market cap of 15.371 billion USD), currently reported at 15.401 billion USD, ranking as the tenth largest cryptocurrency by market cap. HYPE's price is currently reported at 69.13 USD, with a 24-hour increase of 2%, a 7-day increase of 9.2%, and a 30-day increase of 68.9%.

The privacy coin sector led the decline, giving back most of the recent gains in the crypto market. According to HTX data, ZEC once dropped 5.2% to $619, marking the largest decline among the top 20 cryptocurrencies by market capitalization, but it still rose 8.2% over the past 7 days. Zcash has been one of the strongest performing assets in the crypto market over the past few weeks. Due to Multicoin Capital disclosing its holdings earlier this month and the overall narrative surrounding privacy coins heating up, ZEC has attracted institutional attention. Analysts believe that a 5% pullback after such a rally is more like profit-taking rather than new selling pressure, as structural buyers of privacy coins have been accumulating during the rise rather than distributing.Hyperliquid's HYPE token briefly surpassed Dogecoin in market capitalization during the Asian session before retreating. HYPE fell 4% to $59, while Dogecoin (DOGE) dropped 0.8% to $0.1009. Driven by the launch of perpetual contracts on Hyperliquid ahead of SpaceX's listing last week, HYPE still rose 23.6% over the past 7 days. The macro backdrop has driven a cautious tone in the market. The U.S. Central Command confirmed strikes on missile launch sites in Iran and vessels attempting to lay mines in the Strait of Hormuz, describing them as defensive actions. Brent crude oil rose nearly 2% to $98 per barrel, rebounding from a 7% plunge on Monday (when the London and New York markets were closed for a holiday). The dollar strengthened against all G10 currencies, gold fell 0.6% to $4,545, and S&P 500 futures maintained a 0.6% gain after the U.S. market was closed on Monday.

Revolut has announced the launch of its first physical crypto card, featuring a Dogecoin-themed design and equipped with an LED display that lights up during payment. The card can be used at merchants that support Visa and Mastercard, and it is initially available to users in the UK and the European Economic Area (excluding Hungary, Switzerland, and Portugal).Revolut stated that it does not charge additional exchange fees, but crypto asset payments will be settled at the exchange rate at the time of the transaction, and there may be tax obligations arising from the disposal of crypto assets.

According to SoSoValue data, the cryptocurrency market sector shows mixed performance, with the Meme sector standing out, rising 3.89% in 24 hours. Among them, Dogecoin (DOGE) increased by 7.40%, BUILDon (B) rose by 9.16%, and SPX6900 (SPX) and Siren (SIREN) increased by 3.87% and 4.84%, respectively. Additionally, Bitcoin (BTC) fell by 0.30%, dropping to $77,000; Ethereum (ETH) decreased by 0.87%, maintaining above $2,200.Other standout sectors include: the AI sector, which rose 1.11% in 24 hours, with SkyAI (SKYAI) surging by 27.53%; the Layer2 sector increased by 0.19%, with Arbitrum (ARB) rising by 2.97%.In other sectors, the PayFi sector fell by 0.12%, but Trust Wallet (TWT) rose by 0.95%; the Layer1 sector decreased by 0.39%, with Aptos (APT) surging by 4.75% during the day; the CeFi sector dropped by 0.55%, while Bitget Token (BGB) remained relatively strong, increasing by 1.08%; the DeFi sector fell by 1.06%, but Terra Luna Classic (LUNC) rose against the trend by 8.83%.The cryptocurrency sector indices reflecting historical performance show that the ssiMeme, ssiMAG7, and ssiSocialFi indices increased by 3.28%, 0.81%, and 0.59%, respectively.

A netizen on the social platform X dug up an old tweet from Musk in 2021 saying, "SpaceX will send a real Dogecoin to the real moon," and tagged Musk asking, "When?" Musk responded, "Maybe next year."

According to Decrypt, the 21Shares spot DOGE ETF, supported by the Dogecoin Foundation, was listed on Nasdaq today under the trading code TDOG.This product is the first spot Dogecoin ETF in the U.S. to receive official approval from the SEC, allowing retail and institutional investors to access Dogecoin through traditional brokerage accounts. The president of 21Shares stated that the main target customers for this ETF are young, affluent mainstream investors. This is the third spot DOGE ETF to enter the U.S. market, following the products launched by Bitwise and Grayscale.

The Dogecoin Foundation's official corporate department, House of Doge, is collaborating with Nasdaq-listed company Brag House Holdings to develop a mobile application called "Such," expected to launch in the first half of 2026.The app combines a self-custody wallet with built-in merchant tools called Hustles, helping users spend Dogecoin and enabling merchants to accept payments. It reduces friction for both parties in the transaction, allowing individuals and small businesses to start providing services and managing Dogecoin payments with minimal clicks.Development started in March 2025, with a 20-person team based in Melbourne, Australia, utilizing the open-source technology from the Dogecoin Foundation. A closed beta version will be released before the public launch.

According to the analysis platform BestBrokers, despite the overall cryptocurrency market capitalization remaining above $3 trillion and briefly touching $4 trillion, meme coins faced a severe blow in 2025, with the total market cap plummeting from $93.1 billion in January 2025 to $36.5 billion in January 2026, a decline of about 61%.Trading volume dropped sharply from a peak of nearly $20 billion in mid-2025 to less than $3 billion in December, currently slightly recovering to $3.4 billion. Over 13 million meme coins were launched in 2025, but most failed to maintain their value. The market is highly concentrated, with Dogecoin and Shiba Inu accounting for 84% of the total market cap of meme coins. The daily active wallet registrations on the Solana chain launchpad pumpfun decreased by 66%.

Carl Rinsch, the director who previously directed Keanu Reeves in the 2013 film "47 Ronin," has been convicted of telecommunications fraud and money laundering. Prosecutors accused Rinsch of misappropriating $11 million received from Netflix and using part of the funds to purchase cryptocurrency.An earlier report stated that Carl Rinsch invested $4 million of that amount in Dogecoin, ultimately profiting to $27 million, but then squandered most of the profits on luxury goods. Rinsch faces a maximum sentence of 90 years and will be formally sentenced on April 17, 2026.

Recently, Ms. Yu and her husband transferred 250 yuan in pocket money to each other through China Construction Bank, with the note "This week's Dogecoin," which led to an investigation by the bank and the locking of their accounts. The couple received calls from bank staff to verify their relationship and the reason for the transfer note, stating that the note triggered "virtual currency control," and their accounts would be set to a "no deposit, no withdrawal" status.The staff at the bank where Ms. Yu opened her account informed her that to unlock the account, she needed to submit her husband's bank statement for the past few months. After approval, she would then need to write a commitment letter, promising that the previous transactions were not related to virtual currency and that they would not participate in virtual currency transactions in the future. However, her husband strongly opposed the direct restriction on account usage and was negotiating with the staff at his bank. In response, China News Weekly called the China Construction Bank customer service for consultation, and the staff stated that they had not received any information regarding virtual currency control and suggested consulting the relevant branch for specific details.Subsequently, China News Weekly inquired at the branch of China Construction Bank in Tianjin where Ms. Yu opened her account, and the staff claimed they were unaware of the situation. Meanwhile, the staff at her husband's branch in Dalian stated that if the account involved virtual currency transactions, the bank would impose "no deposit, no withdrawal" control on the account. If the transfer note specified "Dogecoin," they would need to provide materials to prove that the note was unrelated to virtual currency. However, the issue lies in how to prove this; if only the bank statement is available, it cannot serve as valid proof. Therefore, such controlled accounts cannot be unlocked and can only be canceled.As for the specific regulations, the other party did not provide a clear response. Currently, Ms. Yu has submitted her husband's bank statement and a handwritten commitment letter and is applying to lift the account restrictions. Meanwhile, her husband's bank staff responded that after submitting their marriage certificate, they could apply to lift the restrictions. According to Xinhua News Agency, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring all member units not to participate in virtual currency, real-world asset token issuance, and trading activities within the country, and reminding the public to discern risks and stay away from illegal activities.

Cryptocurrency asset management company Bitwise Asset Management plans to list the Dogecoin exchange-traded fund Bitwise Dogecoin ETF (NYSE: BWOW) today. The official details of the ETF have been released: currently, BWOW holds 16,429,836.05 Dogecoins (custodied by Coinbase Custody), with a market value of $2,499,996.71 and a management fee rate of 0.34%.Bitwise stated that if the asset management scale of BWOW reaches $500 million within one month (whichever comes first), the management fee will be waived.

Bitwise Dogecoin ETF (ticker symbol BWOW) could potentially list as early as Wednesday, after NYSE Arca, a subsidiary of the New York Stock Exchange Group, approved the listing and registration of the ETF on Tuesday.According to the filed documents, "NYSE Arca confirms that it has approved the listing and registration of the common stock of Bitwise Dogecoin ETF (Bitwise Dogecoin ETF Series), which approval is executed pursuant to the Securities Exchange Act of 1934."

The digital asset management company Grayscale officially disclosed the details of its Dogecoin ETF. Currently, the Grayscale Dogecoin Trust ETF (GDOG) holds a total of 11,136,681.421 Dogecoin tokens, with assets under management of approximately $1.546 million. The Dogecoin assets of this ETF are all custodied at Coinbase Custody.

Bloomberg senior ETF analyst Eric Balchunas posted on X platform that the Grayscale Dogecoin ETF will be listed today, with a fee of 35 basis points and the trading code GDOG, but no fees will be charged until the ETF's assets reach $1 billion or for the first three months of trading (whichever comes first). The expected trading volume on the first day is $12 million.

According to Grayscale, the Grayscale Dogecoin Trust ETF (ticker: GDOG) will provide investors with direct exposure to DOGE.The ETF will begin trading tomorrow on the NYSE Arca.