Dogecoin Surges 2.0% as U.S. Approves First Spot ETF

Dogecoin's latest price was $0.2449, up 2.0% in the last 24 hours. The cryptocurrency has been experiencing significant volatility, driven by both global instability and the attention it has received from various companies, media outlets, and social platforms. Dogecoin developer Mishaboar sent a message to the community, urging traders to remain cautious during this period. He compared crypto trading to educated gambling rather than long-term investing, advising traders to only use money they could afford to lose. Mishaboar also encouraged traders to take profits along the way and use their earnings for practical purposes such as buying a house or paying for studies. He warned against the use of leverage and derivatives, stating that they could wipe out entire balances. His message highlighted the risks of chasing quick Dogecoin gains in a market known for sudden moves. At the same time, he pointed to the growth of memecoins during past market upturns, noting that when altseason arrived, coins tied to internet culture could see strong gains. Most of these tokens were being issued on Solana, where retail traders showed rising interest.

Market voices also shared different views on Dogecoin’s place in a crypto portfolio. Trader Mister Crypto said Dogecoin should be part of every investor’s holdings, believing memecoins would perform well during the next cycle. However, he preferred another memecoin over Dogecoin, though he did not name it. This showed the split between those who viewed Dogecoin as stable and others who were more interested in newer coins. Dogecoin has long been one of the largest memecoins by market value and continues to draw both supporters and skeptics. Its strong community and history of wide use keep it in focus, but questions remain about whether it can compete with newer projects.

Much of the debate in the Dogecoin community centers on altseason. Traders expect memecoins to gain when retail money enters the market. This belief fuels speculation that Dogecoin, along with other tokens, could reach new highs if the trend unfolds. Alongside the trading debate, the U.S. Securities and Exchange Commission extended its review of the proposed Bitwise Dogecoin ETF. The filing, first made by NYSE Arca in March, would allow the fund to trade under commodity-based trust rules. The SEC had faced a September deadline but pushed its decision back by 60 days. The extension gave officials more time to study the proposal and review public comments. Some responses raised concerns about liquidity, manipulation, and whether Dogecoin was fit for an exchange-traded product. Bitwise argued that Dogecoin’s liquidity and large community supported its case for approval. If granted, the fund would become the first U.S. ETF tied to a meme cryptocurrency. For now, traders watch both the market and regulators while weighing how Dogecoin might perform in the next cycle.

On September 11, 2025, REX Shares and Osprey Funds launched the first U.S. spot Dogecoin ETF, ticker DOJE, illustrating growing institutional interest in meme coins. This launch signifies institutional acknowledgment of Dogecoin's cultural significance, sparking investor excitement and an immediate rally, demonstrating potential for a meme coin market shift. The introduction of the Dogecoin ETF is a critical milestone for meme coins, signifying a bridge between traditional finance and the growing world of cryptocurrency. This launch not only reflects evolving investor sentiment but also potentially sets a precedent for other altcoins entering mainstream finance. The ETF debut had immediate market repercussions, with Dogecoin's price soaring in anticipation, and trading volumes surging. This development underscores the growing bridge between institutional finance and cryptocurrency markets, particularly in the meme coin sector. The SEC's approval of the ETF under the Investment Company Act further impacts financial and regulatory landscapes. This endorsement potentially prompts broader acceptance of similar assets, highlighting a shift in institutional sentiment toward meme coins in regulated environments. Industry experts predict the ETF could influence future asset management strategies, impacting both investors and issuers. Institutional players are now considering similar ETFs for various altcoins, indicating a shift toward diversified crypto investment options. Historical trends from similar ETFs, such as the Bitcoin spot ETF, showed significant market inflows, suggesting potential outcomes for Dogecoin ETFs. Should this launch succeed, successive altcoin ETFs might emerge, amplifying meme coin market visibility and liquidity.

The U.S. is set to launch its first Dogecoin ETF, DOJE, on September 11, 2025, on NYSE Arca, marking a pivotal moment in meme coin investment. The first U.S. Dogecoin ETF, known as $DOJE, is set to debut on NYSE Arca on September 11, 2025. This milestone in meme coin investment is spearheaded by REX Shares, which has previously introduced Solana + Staking ETF. REX Shares, the issuer of the new ETF, has announced it will allow investors to gain exposure to Dogecoin's performance. Despite its status as a memecoin, $DOJE marks a significant shift in the realm of cryptocurrency financial products. The approval of $DOJE by the SEC under the Investment Company Act of 1940 was quickly followed by a surge in Dogecoin's price. This reflects the expanding interest in meme coins within the investment community. The launch of the DOGE ETF could drive new institutional and retail investments into Dogecoin. The ETF's 1.5% expense ratio is noted as higher compared to Bitcoin ETFs, highlighting a premium for its unique offering. The introduction of $DOJE echoes the launches of Bitcoin spot ETFs, which accrued over $10 billion in inflows within six months. The evolution of ETF products suggests a growing acceptance of alternative digital assets like Dogecoin. Experts indicate potential similarities between $DOJE's impact and previous altcoin ETFs. Its success could inspire the creation of similar products for memecoins such as SHIB, potentially expanding cryptocurrency investment avenues further.

The launch of the first U.S. spot Dogecoin Exchange-Traded Fund (ETF) is confirmed to commence trading on Thursday, September 11, 2025. This development, facilitated by REX Shares and Osprey Funds, represents a significant step in granting traditional brokerage investors access to the cryptocurrency. This launch is anticipated to influence overall interest in the asset class by simplifying exposure to Dogecoin through regulated financial markets. Market anticipation has been building around the potential approval of several Dogecoin ETF applications. Recent indications suggest that such approvals could be imminent, signaling a growing acceptance of Dogecoin within the institutional framework of traditional finance. The successful initiation of spot ETF trading on September 11th marks the realization of these expectations. Corporate adoption continues to emerge as a theme, illustrated by the actions of TZUP, a company linked to former U.S. President Donald Trump. TZUP has publicly projected significant revenue potential tied directly to the future valuation of Dogecoin, specifically outlining scenarios where they anticipate $103 million in revenue should Dogecoin reach a value of $1. This highlights how companies are integrating cryptocurrency into their strategic financial planning. The confirmation of the initial Dogecoin ETF's launch date has generated considerable optimism regarding the cryptocurrency's trajectory. The accessibility provided by spot ETFs, allowing investors to gain exposure without direct ownership, is widely viewed as a crucial catalyst for broader recognition and potential long-term adoption of Dogecoin beyond its origins as a meme token.