Dogecoin News Today: Dogecoin's Leap into ETFs: Meme Coin Gains Institutional Access

The first Dogecoin exchange-traded fund (ETF) in the United States is expected to launch as early as next week, according to industry analyst Eric Balchunas of Bloomberg. REX Shares, an ETF issuer, has filed a prospectus with the U.S. Securities and Exchange Commission (SEC), signaling the imminent launch of the product. This follows a similar regulatory pathway that the firm used for its successful Solana staking ETF, which was listed in July 2025. In its filing, REX Shares cautioned that Dogecoin (DOGE) is a relatively new innovation and is subject to substantial market risks, including rapid price fluctuations and uncertainty [1].

The proposed REX-Osprey DOGE ETF, with the ticker symbol DOJE, will be the first U.S.-listed fund to provide investors exposure to the performance of Dogecoin. The product is part of a broader suite of crypto funds under the ETF Opportunities Trust, which includes offerings for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, BONK, and even an ETF tracking the token associated with Donald Trump (TRUMP) [2]. The structure of the REX-Osprey DOGE ETF is distinct from traditional spot-based crypto ETPs, as it is designed under the Investment Company Act of 1940, which allows the fund to avoid the need for a bespoke 19b-4 approval from the SEC. Instead, it registers via a post-effective amendment (Form 485(a)), enabling a faster route to market [2].

This regulatory approach mirrors the one REX and Osprey used for their Solana + Staking ETF, which was listed on Cboe in July 2025. The DOJE fund plans to invest at least 80% of its assets in Dogecoin or instruments that provide exposure to the token. Additionally, it may use derivatives such as futures and swaps to track DOGE’s performance. The fund will utilize a Cayman-based subsidiary to hold certain positions, with the parent ETF’s investment in the subsidiary capped at 25% of total assets to comply with tax regulations [2].

While the REX-Osprey DOGE ETF may be the first to market, several other spot Dogecoin ETF applications are still pending approval. Bitwise, 21Shares, and Grayscale have all submitted proposals, which are subject to the traditional 19b-4 approval process and require rule changes by exchanges before they can be listed. These products, which would be commodity-based ETPs, are expected to take longer to reach the market due to the regulatory hurdles they face [2].

Dogecoin has remained a prominent name in the cryptocurrency space, largely due to its meme-driven appeal and the support of high-profile figures such as Elon Musk, who has repeatedly referenced the coin on social media and in public appearances. Despite a 116.67% increase in value over the past year according to CoinMarketCap, the token has fallen 54% from its 2024 high of $0.4672, trading at $0.2129 at the time of publication [1].

The launch of the first Dogecoin ETF could signal a broader shift in the institutional adoption of meme coins and other digital assets. As more investors seek exposure to volatile but potentially high-reward assets, the regulatory clarity and structure offered by ETFs may attract a wider audience. However, analysts caution that the risks associated with Dogecoin remain significant, given its unpredictable price movements and lack of intrinsic value compared to more traditional cryptocurrencies [1].

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 'Coming Soon': REX-Osprey Teases (https://www.mitrade.com/insights/news/live-news/article-3-1097444-20250905)