Dogecoin Spot ETF GDOG Debuts With $1.41M Volume on First Trading Day, No Net Inflows

COINOTAG News, citing CoinDesk, reports that on the debut trading day of the first Dogecoin spot ETF GDOG (Nov. 24), trading volume totaled about $1.41 million with no net inflows/outflows, signaling a cautious launch phase for the instrument.

Market participants framed the flat flows as a neutral signal, indicating balanced demand and limited immediate price pressure. The milestone underscores early liquidity in a regulated crypto ETF offering exposure to Dogecoin, and investors will monitor subsequent sessions for liquidity dynamics and early price discovery signals.