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DOGE, SHIB Surge 30% While BTC, ETH, XRP Lag—What's Happening?

Summary by Benzinga
Dogecoin (CRYPTO: DOGE) surged 30% over four days, while Shiba Inu (CRYPTO: SHIB) rallied 27% in its strongest January performance since 2023, outperforming Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP). DOGE ETFs Drive Institutional Demand The Grayscale DOGE Spot ETF (NYSE:GDOG) and Bitwise DOGE Spot ETF (NYSE:BWOW) saw explosive demand in early January after months of flat activity. Daily net inflows spiked to $1.60 mill…

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Benzinga broke the news in New York, United States on Wednesday, January 7, 2026.
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