Dogecoin drops 4% despite rising ETF inflows signaling growing institutional interest.

Dogecoin (DOGE) fell 4% on May 6 even as spot ETF inflows accelerated to $227,210, showing steady institutional accumulation. The 21Shares TDOG ETF led inflows, with total net assets growing 54% since March to $14.28 million. Despite the price dip, smart money remains optimistic, with traders closing weak leveraged positions and maintaining long bets. Key technical support holds around $0.10, suggesting potential for a rebound if resistance levels are overcome.