Dogecoin News Today: RXE's 40 Act Gambit: Can It Outmaneuver the SEC and Launch DOGE's First ETF?

Generated by AI AgentCoin World
Friday, Sep 5, 2025 6:51 am ET2min read
Aime RobotAime Summary

- REX Shares plans to launch the first U.S. Dogecoin ETF (DOJE) via the 40 Act, bypassing SEC delays to expedite approval.

- The ETF will allocate 80% of assets to Dogecoin or derivatives, operating under a Cayman-based structure managed by ETF Opportunities Trust.

- Market attention focuses on REX’s strategy amid 92 pending crypto ETF applications, while Dogecoin’s volatility and Elon Musk’s advocacy amplify its institutional appeal.

- Technical analysis suggests a potential $0.37–$1.40 price range, though regulatory outcomes and investor sentiment will determine the ETF’s success.

Dogecoin (DOGE) is on the brink of a historic milestone, with the potential launch of the first U.S.

exchange-traded fund (ETF) anticipated as early as next week. Shares, a leading ETF issuer, is pursuing the "40 Act" regulatory route—a method previously used to launch its staking ETF—allowing for a quicker path to market compared to the traditional SEC filing process. This alternative structure bypasses the lengthy delays associated with Form S-1 and Form 19b-4 requirements, which have slowed other crypto ETF applications [1].

The REX-Osprey

ETF, ticker DOJE, is designed to track the performance of Dogecoin, with the fund’s prospectus stating it will invest at least 80% of its assets in Dogecoin or related instruments. This includes direct exposure to the token and potential use of derivatives such as futures and swaps. The ETF operates under a 1940-Act open-end fund structure and is housed within the ETF Opportunities Trust, with a Cayman Islands-based subsidiary managing part of its holdings [4].

In its filing with the SEC, REX acknowledged the inherent risks of investing in Dogecoin, noting its volatility and susceptibility to rapid price swings. DOGE has surged 116.67% over the past year, according to CoinMarketCap, but remains 54% below its 2024 peak of $0.4672, currently trading near $0.2129. REX’s approach mirrors its success with the Solana staking ETF, leveraging the 40 Act’s streamlined approval process [2].

The broader market is closely watching REX’s move, as several other major asset managers—including Bitwise, Grayscale, and 21Shares—have also submitted Dogecoin ETF proposals but remain in regulatory limbo. Meanwhile, REX has also filed for a TRUMP token ETF under the same structure, showcasing its aggressive expansion into meme and alternative tokens [1]. The SEC is currently reviewing 92 crypto ETF applications, including those related to Dogecoin [2].

Beyond the financial landscape, Dogecoin continues to capture mainstream attention, bolstered by the cultural influence of its most prominent supporter, Elon Musk. Musk has previously described DOGE as “a hustle” and recently, his attorney Alex Spiro was reported to be leading a $200 million public company focused on Dogecoin investments. Such developments reinforce the token’s growing presence in institutional and public finance [3].

Technical analysis of DOGE’s price movement suggests a potential bullish breakout. The weekly chart shows the token consolidating above the $0.21 support level, forming a bullish megaphone pattern. Analysts have highlighted possible price targets of $1.40 and $0.37, depending on short- and long-term market dynamics. Additionally,

, a publicly traded company, has adopted Dogecoin as a primary treasury reserve asset, further legitimizing its institutional appeal [5].

Despite these positive indicators, the volatility of Dogecoin remains a key concern. Market experts emphasize that while the ETF filing is a regulatory milestone, it does not guarantee immediate price gains or long-term stability. The success of the REX-Osprey DOGE ETF will ultimately depend on broader investor sentiment, regulatory outcomes, and market conditions [3].

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 Dogecoin ETF May Launch in the US as Early as Next ... (https://coinpaper.com/10896/first-dogecoin-etf-may-launch-in-the-us-as-early-as-next-week)

[4] First Dogecoin ETF 'Coming Soon': REX-Osprey Teases ... (https://www.mitrade.com/insights/news/live-news/article-3-1097444-20250905)

[5] Dogecoin Poised for Historic ETF Launch, Technical ... (https://www.fxleaders.com/news/2025/09/05/dogecoin-poised-for-historic-etf-launch-technical-patterns-signal-potential-550-rally-to-1-40/)