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.