Dogecoin News Today: Dogecoin Takes Leap Toward Mainstream with First Regulated ETF Bid

REX-Osprey has submitted a filing to the U.S. Securities and Exchange Commission (SEC) for the REX-Osprey DOGE ETF (DOJE), marking the first attempt to create a regulated Dogecoin ETF in the United States. This product aims to offer investors exposure to Dogecoin (DOGE) without the need to directly hold the token. The filing states the ETF will invest at least 80% of its assets in Dogecoin or related instruments such as futures and swaps. The fund may also hold Treasuries or cash equivalents to support daily operations, ensuring liquidity for investors [1].

The proposed ETF is part of a broader trend in the crypto market where asset managers are increasingly seeking to bring digital assets into the mainstream financial system. The REX-Osprey DOGE ETF would also benefit from the firm's experience in crypto product development, including its restructured Solana Staking ETF, which was adapted to offer better tax efficiency for investors. This move reflects growing investor interest in crypto exposure, particularly in memecoins like DOGE, which have seen increased attention from both retail and institutional investors [1].

Dogecoin’s price has been on an upward trajectory in recent months. According to the latest data from TradingView, DOGE is trading at $0.22060, a 2.68% gain for the day. Over the past month, the token has risen nearly 11%, and over the last year, it has surged more than 122% despite a 30% decline year-to-date. Although DOGE is still 54% below its all-time high, the recovery trend indicates growing confidence among investors [1]. The broader approval of crypto-based ETFs could further enhance demand for Dogecoin tokens, especially if the SEC follows through with its upcoming regulatory decisions.

However, the ETF application includes several risk disclosures. The filing notes that the ETF has no operating history, making it impossible to predict its performance. It also highlights the potential for operational failures from third-party custodians, which could affect the fund’s ability to perform as intended. Additionally, the crypto market remains highly volatile, and unexpected regulatory or policy changes could directly impact DOGE’s price. The filing also cautions that the tax treatment of crypto remains uncertain, which could affect the fund’s returns [1].

The timing of the filing is significant given the broader regulatory landscape. Several U.S. exchanges have proposed generic listing standards for commodity- and crypto-based ETFs, which could streamline the approval process for products like the REX-Osprey DOGE ETF. If the SEC approves these listing rules, it could pave the way for a wave of new crypto-based ETFs, including those focused on altcoins and memecoins [2]. The regulatory environment is currently in flux, and the outcome of the REX-Osprey filing will likely depend on the SEC’s interpretation of the broader framework for digital assets.

The potential approval of a Dogecoin ETF could also serve as a catalyst for a significant price rally in DOGE. Analysts have noted that derivatives markets show mixed signals, with negative funding rates and rising bearish bets suggesting downside risk. However, a close above the 200-day exponential moving average (EMA) at $0.211 could reverse the bearish momentum and spark a recovery toward $0.247 or higher [3]. With growing investor sentiment and speculation of regulatory approvals, DOGE could be positioned for a major move in the coming months.

Source:

[1] REX-Osprey Teases Launch of Dogecoin ETF, DOGE Price Climbs (https://coingape.com/rex-osprey-teases-launch-of-dogecoin-etf-doge-price-climbs/)

[2] Dogecoin ETFs—and More—Could Land Soon if the SEC (https://finance.yahoo.com/news/dogecoin-etfs-more-could-land-090000281.html)

[3] Dogecoin Price Forecast: DOGE struggles at 200-day EMA (https://www.mitrade.com/insights/news/live-news/article-3-1087056-20250902)