Dogecoin ETFs lose their bite as Bitcoin, Ethereum big dogs lead the pack

US spot Dogecoin exchange-traded funds (ETFs) are experiencing cooling demand, with the total value traded (TVT) falling to its lowest point since launch, hitting just $142,000 on Monday. This starkly contrasts with Dogecoin's broader market trading volume of over $1.1 billion, suggesting traders prefer accessing DOGE directly on exchanges rather than through these ETF wrappers. Meanwhile, trading activity remains heavily concentrated on Bitcoin and Ether ETFs, which posted TVTs of $3.1 billion and $1.3 billion, respectively, on December 8th. Other altcoin ETFs, like Solana and XRP, also significantly outperformed Dogecoin ETFs, confirming that capital flows overwhelmingly favor the two largest digital assets in the regulated crypto ETF market.

(Source：Cointelegraph)