Dogecoin's First ETF Launches With 0 Inflows: Is Another Sell-Off Coming?

DOGE-USD +2.15% SOSO-USD +2.52%

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Dogecoin's (CRYPTO: DOGE) first ETF launched with zero first-day inflows, raising new questions about whether the market is bracing for a deeper slide toward $0.13.

Grayscale's Dogecoin ETF Logs A ‘Zero Creation' Debut

Grayscale DOGE ETF $0 Inflows (Source: SoSoValue)

Grayscale's Dogecoin ETF (NYSE:GDOG) began trading on Tuesday 24, but the primary market showed no interest from authorized participants, according to data from SoSovalue.

While the ticker traded actively on screens, the fund recorded $0 in net creations, a rare outcome for a debuting single-asset product.

Secondary trading volume reached about $1.41 million, far below Bloomberg Intelligence analyst Eric Balchunas' projected $12 million estimate.

Don’t Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?

Against this softer-than-expected debut, Grayscale emphasized the long-term investment case rather than short-term flows.

"With GDOG's uplisting on NYSE Arca, we're expanding investor exposure to a network that's fast, low-cost, and leveraged by thousands of users every day," said Krista Lynch, senior vice president of ETF capital markets at Grayscale.

"Dogecoin has evolved from internet culture to real world utility, and that maturation aligns with our objective to make digital assets more accessible to a greater number of investors." she added

A Difficult Moment For Single-Asset Crypto ETFs

The timing of GDOG's launch adds pressure to a segment already facing heavy withdrawals.

Crypto investment products have posted nearly $2 billion in weekly outflows, and more than 100 single-token ETFs are expected to enter the market in the coming months.

Dogecoin Faces Pressure As Technical Structure Weakens

DOGE Price Action as of November 25th (Source: TradingView)

Dogecoin is down 3.81% on Tuesday, as the broader structure remains locked in a steady downtrend dating back to early October.

Each rebound has stalled at the descending trendline, including today's rejection.

The 20, 50, 100 and 200 day EMAs sit tightly between $0.147 and $0.170, forming a heavy resistance layer that has capped momentum for weeks.

See Also: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share

The Supertrend also remains red, signaling that rallies continue to function as short-term corrective moves rather than meaningful trend shifts.

A wedge pattern is forming between rising intraday support near $0.144 and falling resistance near $0.150.

Momentum Indicators Still Favor Sellers

DOGE Short-Term Price Dynamics (Source: TradingView)

The Parabolic SAR flipped bearish again on the 30-minute chart, aligning with the broader trend bias.

The Vortex Indicator shows the red VI– above the blue VI+, confirming that sellers maintain control in the short-term structure.

Support sits between $0.141 and $0.144, an area that has produced several intraday stabilizations.

A breakdown exposes $0.135 and then $0.128.

Bulls need a close above $0.150 and a trendline break toward $0.157 to shift momentum.

Image: Shutterstock

Trending Now:

• Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen

• Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share.

Building Wealth Across More Than Just the Market

Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.

Arrived

Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.

Worthy Bonds

For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.

IRA Financial

Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.

Moomoo Idle Cash

Moomoo isn't just for trading — it's also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock—but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.

American Hartford Gold

For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It's a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.

This article Dogecoin's First ETF Launches With 0 Inflows: Is Another Sell-Off Coming? originally appeared on Benzinga.com