Dogecoin Plunges 4% But ETF Inflows Keep Rising: Is The Real Move Still Ahead?

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Dogecoin (CRYPTO: DOGE) dropped 4% as spot ETF inflows accelerated to $227,210 on May 6, with institutional accumulation building despite the pullback.

ETF Accumulation Accelerates Through The Dip

DOGE spot ETFs recorded $227,210 in inflows, with 21Shares TDOG (NASDAQ:TDOG) leading as the only active product seeing real flows. 

Total net assets stand at $14.28 million, growing steadily from $9.22 million in March, representing 54% growth in net assets in two months.

Monthly inflow trends are accelerating. May 2026 already sits at $627,400 with most of the month remaining, compared to April’s full-month total of $1.99 million. 

Institutional interest in DOGE ETFs, while small compared to Bitcoin (CRYPTO: BTC), is quietly but consistently building.

Traders Positioned For The Next Move

Volume dropped

Full story available on Benzinga.com

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