Dogecoin ETF outflows hit $538,000, largest drop since August

Dogecoin , the leading meme coin by market capitalization, has experienced significant turbulence this week, with the ETF market for the digital asset seeing a notable outflow. According to data from SosoValue, investors pulled approximately $538,000 from Dogecoin ETFs, the largest weekly outflow recorded since August. The latest figures reflect broader market volatility affecting the cryptocurrency sector, which has contributed to persistent weakness across meme coins and their associated investment products. As a result, Dogecoin’s ETF market has struggled to attract sustained inflows in recent months, repeatedly posting lackluster performance. This week’s withdrawal stands out as the most substantial since mid-August, when Dogecoin ETFs posted outflows exceeding $564,000.

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