Dogecoin News Today: "Dogecoin’s ETF Debut: A New Era for Memecoin Investing"

The first Dogecoin (DOGE) exchange-traded fund is set to launch in the coming week, marking a significant development in the cryptocurrency investment landscape. The ETF, named DOJE and developed by Rex Shares and Osprey Funds, will offer investors exposure to Dogecoin without directly holding the underlying asset. Instead, the fund will primarily use derivatives such as futures and swaps to track the performance of the popular memecoin [1]. This approach aligns with the "40-Act" model, which the SEC has historically been more comfortable with compared to direct exposure through spot ETFs [2].

The launch of DOJE comes after the ETF Opportunities Trust filed a post-effective amendment on January 21, 2025, designating September 9, 2025, as the new effective date for a suite of single-coin funds [2]. This filing includes DOJE alongside proposed funds for other cryptocurrencies such as Bitcoin (BTC), XRP, and BONK. The use of the "40-Act open-end ETF registration" framework is a key enabler for the timely listing, a strategy previously used successfully for REX-Osprey’s Solana staking ETF (ticker: SSK) [2].

The structure of DOJE also includes a wholly owned Cayman subsidiary—the REX-Osprey DOGE (Cayman) Portfolio S.P.—which will be used to hold positions. This structure is designed to preserve the tax treatment of the fund as a regulated investment company (RIC) [2]. The prospectus indicates that approximately 80% of the fund's assets will be invested in Dogecoin instruments, which may include derivatives [1]. This indirect exposure approach allows the fund to navigate regulatory complexities while still delivering market exposure.

Market participants are watching closely to see whether the DOJE ETF will replicate the success seen with the recent Bitcoin and Ethereum ETFs. After their approval, Bitcoin ETFs attracted $2 billion in just the first three trading days and have since accumulated over $107 billion in assets [1]. Analysts suggest that similar inflows could occur if DOJE gains traction, potentially tightening the float of DOGE coins and influencing the spot price through the mechanism of primary-market creations and redemptions [2].

The potential for institutional inflows is a key driver of optimism. Dogecoin, despite its origins as a joke cryptocurrency, has steadily gained institutional attention and a broader retail base. If the DOJE ETF attracts sustained demand, it could lead to more widespread adoption and liquidity in the DOGE market, much like the impact seen with the Solana staking ETF [2]. As of the latest available data, Dogecoin traded at $0.216, with the market keenly awaiting the ETF’s impact [2].

Source:

[1] First Dogecoin ETF set to launch — but it's a different breed (https://finance.yahoo.com/news/first-dogecoin-etf-set-launch-151036858.html)

[2] First US Dogecoin ETF Could Debut Next Week—How Will ... (https://www.mitrade.com/insights/news/live-news/article-3-1099991-20250905)