Dogecoin News Today: Dogecoin's 40-Act ETF: A New Path for Retail Investors

The prospect of a Dogecoin (DOGE) exchange-traded fund (ETF) launching in the United States as early as next week has sparked renewed interest in the cryptocurrency, which has been trading at $0.2129 as of the latest report. Bloomberg analyst Eric Balchunas indicated that REX Shares is likely to launch a Dogecoin ETF through the 40 Act route, a strategy it previously employed for its Solana staking ETF. The 40 Act approach allows REX to bypass the more traditional and stringent regulatory hurdles, which involve filing with the SEC using Form S-1 and Form 19b-4 [1]. This alternative method involves indirect exposure to the underlying cryptocurrency via derivatives such as futures or swaps [2].

While the launch of the DOJE ETF by Rex-Osprey is imminent, it is important to note that it will not be a spot ETF, which directly holds the underlying cryptocurrency. Instead, it is a 40-Act ETF, offering investors exposure to Dogecoin's performance without holding the token directly [2]. The prospectus for the fund outlines that approximately 80% of its assets will be invested in Dogecoin instruments, a move that has drawn attention from analysts and investors alike [2]. This launch comes amid a surge in interest in altcoins, with investors seeking the best crypto to buy now, and DOGE remains a focal point due to its unique position in the market [1].

Despite the potential for a new ETF to boost DOGE's visibility, the token has experienced a 54% decline from its 2024 high of $0.4672. Over the past year, Dogecoin has surged by 116.67%, according to CoinMarketCap. The token's price movements are characterized by volatility, a trait that is not uncommon for cryptocurrencies. REX Shares has warned that DOGE is a relatively new innovation and is subject to unique and substantial risks, including rapid price swings and market uncertainty [1]. This cautionary note is echoed by other market participants, who emphasize the need for investors to be aware of the inherent risks in the crypto market.

In contrast to DOGE, which is primarily driven by community culture and social media presence, emerging projects like Remittix (RTX) are gaining traction for their real-world utility and adoption-focused initiatives. Remittix, currently valued at $0.1030, has raised over $24 million in its presale, with more than 645 million tokens sold. The project is positioned as a payments-first approach, aiming to solve inefficiencies in cross-border remittances and facilitate direct crypto-to-bank transfers in over 30 nations [4]. With its beta wallet launch scheduled for Q3, the project has already secured listings on BitMart and LBank, indicating a growing interest in utility-based tokens [4].

The shift in investor interest from meme tokens to those with real-world applications is a reflection of the maturing crypto market. While Dogecoin continues to capture mainstream attention, its long-term viability in investment portfolios is being questioned. Projects like Remittix are answering the demands for low gas fee crypto and scalable adoption, addressing the needs of a more diverse investor base [4]. As the market evolves, the focus on utility-based innovation is likely to continue, with investors seeking tokens that offer practical solutions and real-world applications [4]. This trend is expected to influence the broader altcoin landscape, potentially leading to increased adoption and investment in projects that provide tangible value to users.

Source: [1] Dogecoin may see first-ever ETF launch next week: Analyst (https://cointelegraph.com/news/dogecoin-etf-united-states-launch-next-week-analyst) [2] First Dogecoin ETF set to launch — but it's a different breed ... (https://finance.yahoo.com/news/first-dogecoin-etf-set-launch-151036858.html) [4] Dogecoin Price Prediction As Remittix Is Pulling In Capital ... (https://www.mitrade.com/insights/news/live-news/article-3-1101879-20250907)