{"id":11229,"date":"2025-09-19T14:28:50","date_gmt":"2025-09-19T14:28:50","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-dogecoin-price-is-in-a-correction-despite-the-strong-doje-etf-debut\/"},"modified":"2025-09-19T14:28:52","modified_gmt":"2025-09-19T14:28:52","slug":"heres-why-dogecoin-price-is-in-a-correction-despite-the-strong-doje-etf-debut","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-dogecoin-price-is-in-a-correction-despite-the-strong-doje-etf-debut\/","title":{"rendered":"Here\u2019s why Dogecoin price is in a correction despite the strong DOJE ETF debut"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Dogecoin price remained in a tight range on Thursday and Friday despite the warm reception of the first DOGE ETF in the United States.<\/p>\n<div id=\"cn-block-summary-block_1b2d73a8a45ce06b82d40f27ff3b1989\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dogecoin price has moved into a correction in the past few days.<\/li>\n<li>The newly launched DOJE ETF had a strong performance.<\/li>\n<li>Technicals suggest a rebound is possible ahead of the Act 33 DOGE approval.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Dogecoin (DOGE) moved into a correction after falling by 11% from its highest point this month. Its 24-hour volume was $3.4 billion, while its market cap was $40.9 billion.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Dogecoin price falls despite ETF success<\/h2>\n<p>Bloomberg\u2019s Eric Balchunas noted that the Rex-Osprey Dogecoin ETF (DOJE) had a strong performance on the first day. Its trading volume was over $17 million, making it a top-five single-day launch in terms of volume in the last five years.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24XRPR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XRPR<\/a> traded $37.7m on Day One, which edges out <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24IVES&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$IVES<\/a> for the biggest day one (natural) $ volume of any 2025 launch. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24DOJE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$DOJE<\/a> is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/JaQP9ekFIq\">pic.twitter.com\/JaQP9ekFIq<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1968794374285725826?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 18, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The strong showing was notable for three main reasons. First, DOJE was launched by REX-Osprey, which is a relatively small company in the asset management industry.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Second, DOJE is a highly expensive exchange-traded fund with an expense ratio of 1.50%. In contrast, the iShares Bitcoin Trust has a ratio of 0.25%, while the average passive and active ETFs have ratios of below 0.50%.<\/p>\n<p>Second, DOJE is a high-cost exchange-traded fund with an expense ratio of 1.50%. In contrast, the iShares Bitcoin Trust has a ratio of 0.25%, while the average passive and active ETFs have ratios below 0.50%.<\/p>\n<p>Finally, the strong performance suggests that other ETFs from companies such as Bitwise, Grayscale, and 21Shares will gain traction once approved, possibly in October. These funds will likely have lower expense ratios than DOJE. They will also use Act 33 rules, similar to the current Bitcoin (BTC) and Ethereum (ETH) fund.<\/p>\n<p>Dogecoin price has pulled back as investors sell the ETF launch news and as sentiment in the crypto market wanes. Bitcoin and most altcoins have pulled back, with the total market cap moving to $4.05 trillion.<\/p>\n<h2 class=\"wp-block-heading\">DOGE price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Dogecoin price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the DOGE price has pulled back in the past few days. This retreat happened after it rose to a high of $0.3075, which coincided with the ascending trendline that connects the swing highs since May 11. It is common for an asset to pull back after hitting a crucial resistance level.<\/p>\n<p>On the positive side, Dogecoin price is forming a bullish pennant pattern, pointing to an eventual rebound. More gains will be confirmed if it jumps above the upper boundary of the pennant pattern at $0.3075. This rebound will happen ahead of the DOGE ETF approval.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin price remained in a tight range on Thursday and Friday despite the warm reception of the first DOGE ETF in the United States. Summary Dogecoin price has moved into&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11229"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11229\/revisions"}],"predecessor-version":[{"id":11230,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11229\/revisions\/11230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3535"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}