Dogecoin price and US ETFs: flows stayed at zero through Nov. 13

Dogecoin price coverage has gained a new market-structure angle: the two US spot exchange-traded funds tracking DOGE have reported no daily net inflows or outflows since October 14. The latest available ETF figures run through November 13, according to a November 14 analysis by CryptoTicker.

ETF demand has gone quiet

CryptoTicker, citing SoSoValue data compiled by U.Today, reported that Grayscale's GDOG and 21Shares' TDOG last recorded a combined net outflow of USD 138,570 on October 13. From October 14 through November 13, both funds recorded zero daily net flow. That does not mean the fund shares stopped trading on their exchanges; it means no new shares were created and none were redeemed during that period.

The same analysis put combined assets in the two funds at USD 10.73 million, comprising USD 9.15 million for Grayscale and USD 1.58 million for 21Shares. For investors, the figures indicate that the US ETF channel remains a relatively small part of the wider DOGE market. A lack of new ETF demand therefore provides context, but does not by itself explain every move in the Dogecoin price.

21Shares ends support agreement

A separate regulatory filing adds a corporate development around TDOG. In a November 6 Form 8-K filed with the US Securities and Exchange Commission, 21Shares Dogecoin ETF reported that its sponsor, 21Shares US LLC, had given notice on November 5 to terminate its Support Services Agreement with House of Doge Inc. The termination was effective immediately.

The agreement covered research, data, operational support and marketing services provided to the trust. The filing says the sponsor elected to terminate the agreement pursuant to its terms, but it does not give a further reason. The filing identifies TDOG as listed on Nasdaq.

What investors can take from it

The two developments should be kept separate. The ETF flow data describes activity through November 13, while the contract termination took effect on November 5. Neither establishes a direct cause for the Dogecoin price, and neither signals that DOGE's underlying network has stopped operating.

For market participants, the practical takeaway is that ETF creation and redemption activity has not supplied a visible new-demand impulse during the period covered. The end of the House of Doge services agreement is an operational change affecting the relationship around TDOG; the filing does not announce a change to Dogecoin's protocol or to the fund's listing.

Dogecoin's official website describes the asset as an open-source, peer-to-peer digital currency. Investors assessing DOGE therefore need to distinguish developments involving the coin, its network and exchange-traded products that provide market exposure.

More Dogecoin coverage is available on the Dogecoin topic page.