NewsBTC
Dec 18, 2025
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Dogecoin ETF Inflows Stall Amid Weakening Investor Demand

Dogecoin Faces Key Market Phase

  • Dogecoin (DOGE) is under pressure due to reduced investor demand, stalled ETF inflows, and increasing sell-side activity.
  • Currently trading near levels where many holders acquired their tokens, indicating potential downside risk if confidence declines.
  • Whale accumulation and cost-basis data suggest an imminent significant market move.

ETF Inflows Slow, Raising Concerns

  • Grayscale and Bitwise DOGE ETFs have seen no inflows since December 11; total inflows remain around $2 million.
  • Total assets under management are approximately $5.2 million, a small fraction of Dogecoin's market cap.
  • The lack of interest contrasts with other altcoin ETFs, highlighting a risk-averse environment as reflected in the crypto Fear and Greed Index.

Bearish On-Chain and Derivatives Indicators

  • Large holders have reduced their balances by over 1 billion DOGE since early December.
  • Only about 50% of DOGE supply is currently in profit, indicating fewer unrealized gains for holders.
  • Short positions dominate DOGE derivatives, with over $5 million in long positions liquidated recently.

Technical Outlook: Price Near Critical Support

  • Dogecoin trades near the $0.123–$0.126 support range; a break lower could target $0.10.
  • Price remains below key moving averages, with indicators like MACD and RSI showing downside pressure.
  • Historical support near $0.074 may become relevant if sentiment worsens.

Dogecoin Chart