Dogecoin ETF Logs $1.4 Million in Debut Volume, Nearly 10 Times Below Initial Forecast

Key Insights: The first spot Dogecoin ETF launched on November 24, with $1. 4 million in trading volume, significantly below Bloomberg senior ETF analyst Eric Balchunas’s $12 million day-one forecast. Grayscale’s GDOG became the first memecoin-related ETF in the US, but attracted roughly 10 times less volume than initially projected. Balchunas called the performance “solid for […] The post Dogecoin ETF Logs $1 source: https://www.thecoinrepublic.com/2025/11/26/dogecoin-etf-logs-1-4-million-in-debut-volume-nearly-10-times-below-initial-forecast/