Dogecoin ETFs post record $2.89 million inflow week after Bitwise exit

US spot Dogecoin ETFs drew $2.89 million in net inflows in the week ending September 25. SoSoValue data identified it as the ETFs' largest week since launch. The previous weekly high was about $2.59 million in the week ending January 2. The week before September 25 brought in $284,510. The inflows arrived in three sessions. Those sessions were Monday, Tuesday, and Friday. Bitwise said it would shut its Dogecoin ETF 11 days before the record week. The fund's last trading day is October 14. The fund has lifetime net outflows of $1.23 million. The fund holds $801,400. Bitwise said it would liquidate the fund to optimize its product range for evolving investor needs. Cumulative inflows into Grayscale's GDOG rose from $11.7 million to $15.46 million after the announcement. Cumulative inflows into 21Shares' TDOG fell from $1.63 million to $1.03 million. GDOG received all of Friday's $806,060. GDOG now holds $13.87 million. GDOG represents about 81% of the group's assets. SoSoValue data shows that the funds hold 0.11% of Dogecoin's total market value. DOGE traded near $0.098. Its market capitalization was about $15.3 billion according to BeInCrypto Markets data. The funds posted net flows on nine trading days between July 1 and September 18. US spot Bitcoin ETFs drew $2.39 billion in the same week. That total was more than 800 times the Dogecoin figure. Two US spot Dogecoin funds will remain after October 14.