The closure highlights challenges in aligning crypto assets with traditional ETF investors, questioning the viability of niche crypto funds. SEC files Form 25 for Bitwise Dogecoin ETF as wind-down nears its end.
Dogecoin trades at $0.0848 on Tuesday afternoon and, at $13.2 billion, is markedly larger than Chainlink. In the new emerging index from CME and CF Benchmarks, Chainlink is in all the same and Dogecoin is not.
DOGE open interest fell 13.69% to $208 million, while Ether retained the largest position base at $5.74 billion despite a 4.07% decline.
DOGE traded at $0.08 after touching the bottom of its 24-hour range, while futures open interest rose 8.16% to about $233 million.
DOGE traded around $0.0829 at 12:02 a.m. ET (04:02 UTC) Oct. 13, with $0.0800 identified as near-term technical support.
DOGE was down 7.03% over 24 hours, while one-hour long liquidations reached $3.65 million across three exchanges.
A 7:04 a.m. ET snapshot showed higher open interest across Bitcoin, Ether, Solana, XRP and Dogecoin, with funding rates moving in mixed directions.
A three-day chart pattern points to a conditional decline, while a separate forecast projects DOGE at $0.101 by the end of October.
DOGE recovered above $0.087 after a 9.5% weekly decline, while mixed wallet flows and bearish technical signals kept the move tentative.
Seven cents per €100 separated the best asks of three authorised exchanges on Sunday evening. Between instant buy and order book at the same provider lie 75 cents.
A net $57.2 million in DOGE left trading venues in seven days, while the price lost 7.84 percent over the same window. What the exchange flows measure, which levels count now and what to watch when moving coins to a wallet of your own.
Dogecoin trades near $0.085 as analyst Giannis Andreou targets $0.117 if DOGE reclaims key resistance. ETF closure and exchange flows add uncertainty.