Dogecoin News Today: Dogecoin ETFs Open Door, But Investors Stay Away

Dogecoin's market struggles intensified in late 2025 as the debut of two spot ETFs failed to generate the anticipated momentum. Despite the launch of Grayscale's GDOG and Bitwise's BWOW, the first Dogecoin ETFs in the U.S., the token's price remained stagnant near $0.145, unable to break through key resistance levels. The muted performance of these funds, coupled with broader crypto market volatility, underscored the challenges facing meme coins in a risk-averse environment.

Grayscale's GDOG, the first to launch on November 24, recorded a mere $1.4 million in turnover on its debut, far below initial expectations. Bloomberg ETF analyst Eric Balchunas described the outcome as "solid for an average launch but low for a first-ever spot product". Similarly, Bitwise's BWOW, which filed its registration in October, faced delays but was expected to trade soon, offering investors regulated exposure to DOGE https://finance.yahoo.com/news/bitwise-teases-doge-etf-grayscale-083234915.html. However, the lackluster start of GDOG signaled that institutional and retail demand for Dogecoin remained constrained.

Technical analysis highlighted DOGE's precarious position. The token has been trapped in a descending channel since early November, with repeated failures to hold above $0.17. At press time, DOGE clung to a critical support zone between $0.13 and $0.14, while resistance lingered near $0.16. A breakout above this threshold could target $0.18, but a breakdown would likely push the price toward $0.12, last seen in early 2025. Analysts noted that the ETF launches had not altered the fundamental dynamics, with the spot market continuing to dictate sentiment.

The broader crypto landscape further complicated DOGE's outlook. While Solana and XRP ETFs attracted significant inflows-Canary Capital's XRPC ETF saw $243 million in volume the day after its zero-inflow debut-Dogecoin's niche as a meme coin limited its appeal https://finance.yahoo.com/news/bitwise-dogecoin-etf-debut-imminent-212925691.html. "The further away you get from BTC, the less asset there will be," Balchunas remarked, emphasizing the hierarchy of institutional interest in the crypto market. Meanwhile, Ethereum's price hovered near $3,100, testing critical resistance levels as upgrades like PeerDAS aimed to enhance scalability https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eth-tests-3-100-resistance-as-validators-push-gas-limit-to-60-million-202511271926.

Looking ahead, Dogecoin's trajectory hinges on institutional adoption and macroeconomic factors. A sustained rally would require either a surge in ETF inflows or a broader market rebound. However, with DOGE trading at a 79% discount to its 2021 peak, the path to recovery remains fraught. As one analyst put it, "The ETF door opened, but the flood didn't come-it's a waiting game now" https://u.today/dogecoin-etf-opens-with-14-million-turnover-but-fails-to-lift-weak-doge-price.