21Shares updates spot Dogecoin ETF filing with new fee and operational details

Recent on-chain data indicates that Dogecoin whale transactions have plummeted to a two-month low, with only four large transactions recorded in a single day. This significant decline in whale activity has coincided with the meme coin testing critical support levels, raising concerns about the future price trajectory of Dogecoin.

XRP Exchange-Traded Funds (ETFs) have attracted approximately $756 million in inflows, even as the token's price drifts toward the $2 mark, indicating a shift in supply from retail investors to institutional players. This divergence between ETF inflows and spot prices suggests a strategic repositioning among traders seeking higher returns in the current market environment.

U.S. spot Bitcoin exchange-traded funds (ETFs) have experienced their fifth consecutive day of inflows as Bitcoin's price rebounds to nearly $94,000, marking its highest level in almost two weeks. This recovery follows a period of volatility in the cryptocurrency market, where Bitcoin had dipped below $90,000 earlier in the week.

BlackRock's spot Bitcoin ETF options have achieved a significant milestone, securing a top 10 ranking in the U.S. with 7.7 million active contracts. This achievement highlights the growing interest and participation in cryptocurrency investment through exchange-traded funds (ETFs).

Dogecoin has recently experienced its strongest price movement in weeks, with analysts speculating that the cryptocurrency may target the $0.15 mark. This surge follows a period of volatility and mixed trading signals, indicating a potential shift in market sentiment.

Kalshi has transitioned its event contracts to the Solana blockchain, marking a significant shift in the operation of prediction markets by integrating U.S.-regulated platforms into decentralized finance. This move aims to enhance liquidity and attract a broader user base within the cryptocurrency community.

Coinbase has launched an instant unstaking feature, responding to the rising demand for yield in the cryptocurrency market. This new functionality allows users to quickly access their staked assets, enhancing liquidity and flexibility for investors. The launch comes amid a positive shift in market sentiment, as indicated by the recent recovery of Bitcoin's Coinbase Premium, which has turned positive after weeks of decline.

The cryptocurrency market is experiencing a downturn, with Bitcoin leading the decline, causing Ethereum and Dogecoin prices to follow suit. Analysts speculate that the market may be entering a bear trend after a prolonged period of growth, although some predict a potential price pump could occur before this trend solidifies.