Dogecoin News Today: "Regulators Fast-Track Dogecoin ETF, Bypassing Tradition"

Generated by AI AgentCoin World
Friday, Sep 5, 2025 9:22 am ET2min read
DOGE
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SOL
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TRUMP
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Aime RobotAime Summary

- REX Shares and Osprey Funds seek to launch the first U.S. Dogecoin ETF via the 1940 Act structure, bypassing traditional regulatory routes for faster approval.

- The DOJE ETF will allocate 80% of assets to Dogecoin or derivatives, with liquidity from U.S. Treasuries, as the token has surged 116.67% year-to-date but recently declined from its peak.

- A parallel TRUMP token fund uses a Cayman subsidiary to mitigate U.S. regulatory risks, mirroring the DOGE structure while highlighting crypto market volatility and investor caution.

- Competitors like 21Shares and Grayscale face prolonged SEC reviews for traditional ETFs, contrasting REX’s expedited approach as 92 crypto ETF applications remain pending.

The first

Dogecoin
(DOGE) exchange-traded fund (ETF) in the United States could see approval as soon as next week, following a regulatory filing by
REX
Shares and Osprey Funds. Bloomberg ETF analyst Eric Balchunas noted that the ETF issuer recently filed an effective prospectus with the U.S. Securities and Exchange Commission (SEC), signaling a likely launch under the “40 Act” structure. This approach, previously used by REX Shares for its
Solana
staking ETF, allows for faster approval by bypassing the traditional S-1 and 19b-4 regulatory routes [1].

REX Shares’ proposed

DOGE
ETF, ticker $DOJE, will track the performance of Dogecoin, a cryptocurrency created in 2013 as a humorous project but now one of the most recognizable names in the space. The fund will invest at least 80% of its assets in Dogecoin or related financial instruments, including futures and swaps. It may also allocate portions of its portfolio to U.S. Treasuries or cash equivalents to support operational liquidity [4]. The filing process was streamlined by the use of the Investment Company Act of 1940, a regulatory pathway described by ETF Store President Nate Geraci as a “regulatory end-around” that enables quicker market entry compared to standard ETF applications [2].

The timing of this launch coincides with heightened institutional interest in Dogecoin, which has seen a 116.67% price increase over the past year, according to CoinMarketCap [1]. Despite this growth, the token has retreated from its December 2024 peak of $0.4672, currently trading near $0.216 [3]. The potential listing of a DOGE ETF could further influence the coin’s market dynamics, as demonstrated by the precedent set by REX-Osprey’s Solana (SOL) staking ETF. After its July 2025 launch, SOL’s spot price increased by approximately 34%, and the fund quickly accumulated over $100 million in assets under management [3].

Alongside the DOGE ETF, REX has also filed for a

TRUMP
token-linked fund, which will hold the underlying asset via a Cayman-based subsidiary. This approach mirrors the structure used for the DOGE fund and is designed to navigate regulatory uncertainties by minimizing direct exposure to the underlying tokens in the United States [2].

While REX’s 40 Act strategy provides a faster route to market, it is not without controversy. The filing explicitly warns investors of the risks associated with Dogecoin, including rapid price swings and market uncertainty [1]. These risks underscore the volatile nature of the cryptocurrency and the importance of investor caution when engaging with new investment vehicles.

In parallel, other firms such as 21Shares, Bitwise, and Grayscale have also submitted traditional Dogecoin ETF proposals, which are pending regulatory approval under the SEC’s standard review process. As of now, the SEC is evaluating 92 crypto ETF applications [2]. By leveraging the 40 Act structure, REX and Osprey may gain an advantage over these traditional applicants, who face prolonged review timelines and potential rejections.

The anticipated listing of the REX-Osprey DOGE ETF represents a pivotal moment for Dogecoin and the broader crypto market. It reflects growing institutional interest in meme coins and signals a shift in how investors access exposure to digital assets. As the token’s cultural relevance continues to attract attention—bolstered by public figures such as Elon Musk and his associates—the launch of a U.S. ETF could further cement Dogecoin’s place in the mainstream financial ecosystem.

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 May Debut in the US Next Week (https://finance.yahoo.com/news/first-dogecoin-etf-may-debut-042810821.html)

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

[4] Dogecoin may get its first ETF as soon as next week (https://www.mitrade.com/insights/news/live-news/article-3-1099355-20250905)