Dogecoin [DOGE] memecoin bounced by 3.80% in the past 24 hours as it continued to lead the sector in terms of market capitalization. For DOGE, it recorded 2.35% gains during this period.
Despite this performance, institutional demand for Dogecoin is fading, even as whales continue to position themselves. However, this contrast does not appear to have affected the price action, which is shifting bullish in the short term.
Weak U.S. Spot Dogecoin ETFs demand
As per SoSoValue, US Spot DOGE ETFs have recorded less than $1 million in capital inflows in March 2026. Only two days have seen inflows of $779K and 193.4K, which have totaled to $972K.
The Total Net Assets stand at $9.32 million, while the cumulative net inflow is at $7.64 million. By now, Dogecoin ETFs have absorbed about 0.07%…
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Source ambcrypto.com
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