16.43 million dollars in, 13.38 million left: what is behind the Dogecoin fund gap

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.US Dogecoin spot funds have taken in $16.43 million since launch, and their net assets stood at $13.38 million on October 20. Where the $3.05 million gap comes from, and why German portfolios hold a different product anyway.The US spot funds holding Dogecoin have taken in $16.43 million of net inflows since they launched. Their combined net assets stood at $13.38 million on October 20. Between the two figures sits $3.05 million, or 18.6 percent of the money paid in. That gap is no accounting error but the arithmetic of the price, and it explains better than any chart level why the fund wrapper has moved nothing at DOGE so far. For investors in Germany a second layer comes into play: what sits in a German brokerage account is usually not this fund at all. The US spot fund figures as of October 20 Data provider TokenPost reports a daily flow of zero dollars for the US Dogecoin spot ETFs at the October 20 close. Cumulative net inflows since launch stand there at $16.43 million, net...