Dogecoin News Today: Regulators Fast-Track Dogecoin Access: ETF Bypasses Hurdles

Rex Shares is preparing to launch the first U.S. exchange-traded fund (ETF) offering exposure to Dogecoin, a development that could mark a significant milestone for the cryptocurrency market. The REX-Osprey DOGE ETF, with the ticker symbol DOJE, is expected to debut on September 9, 2025, following a post-effective amendment filed by the ETF Opportunities Trust. The filing outlines a framework that bypasses the traditional commodity ETP pathway, enabling the product to be launched more swiftly by leveraging a ’40-Act open-end ETF structure [1].

This approach mirrors the strategy used by REX-Osprey in launching its Solana (SOL) ETF earlier in the summer of 2025. That fund, known as the REX-Osprey Solana ETF (ticker SSK), saw rapid adoption, with over $20 million in first-day trading volume and more than $100 million in assets under management within weeks of its debut [1]. The success of SSK has set a precedent for the potential of new crypto ETFs to attract substantial liquidity and investor interest.

The REX-Osprey DOGE ETF is structured to hold Dogecoin directly or through derivatives and a wholly owned Cayman subsidiary. The fund’s prospectus reveals that it may use swaps and other instruments to manage exposure and comply with tax regulations, including a 25% cap on the Cayman subsidiary’s holdings to maintain RIC (Regulated Investment Company) tax treatment [1]. This structure allows for greater flexibility in managing the fund’s assets and responding to market demand.

The anticipated launch of DOJE has already generated excitement among investors and market observers. Bloomberg analyst Eric Balchunas highlighted the likelihood of a near-term launch, noting that the filing process indicates a streamlined regulatory approach [2]. This regulatory shortcut, which avoids the more cumbersome 19b-4 exchange rule change typically required for commodity ETFs, enables Rex Shares to bring products to market faster than traditional methods would allow [2]. However, the decision to register under a C-corporation structure, rather than as a RIC, introduces potential tax implications for investors, including the possibility of double taxation at both the fund and individual levels [2].

The potential impact of the DOJE ETF on the Dogecoin spot market could be significant. In the case of the SSK ETF, the fund’s creation and redemption mechanism contributed to a 34% rise in Solana’s price within weeks of its launch. A similar dynamic could occur with DOJE, particularly given Dogecoin’s more retail-driven market compared to SOL’s higher liquidity and deeper market capitalization [1]. The mechanism by which ETF inflows generate demand for the underlying asset is well established, and this could help expand Dogecoin’s investor base beyond traditional crypto exchanges.

At the time of the report, Dogecoin was trading at $0.216, with anticipation building around the potential regulatory approval and market impact of DOJE [1]. Rex Shares’ strategy not only introduces new investment options but also reflects a broader industry trend of innovating within regulatory frameworks to accelerate product launches and capture market opportunities in the fast-evolving crypto space [2].

Source:

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

[2] Rex Shares' shortcut could bring Dogecoin ETF to US markets ... (https://finance.yahoo.com/news/rex-shares-shortcut-could-bring-131434859.html)