Dogecoin ETF Launched, Opening New Market Horizons

On September 9, 2025, the REX-Osprey Dogecoin ETF (DOJE) launched as the first U.S. ETF offering regulated Dogecoin exposure, operating under the Investment Company Act of 1940.

This launch signifies an expansion beyond traditional crypto assets within the ETF market, triggering significant pre-launch Dogecoin accumulation and anticipation among investors.

First Dogecoin ETF Offers Direct Market Exposure

The REX-Osprey Dogecoin ETF, traded as DOJE, marks the first U.S. ETF directly connected to Dogecoin. Set up by REX Shares and Osprey Funds, it complies with the Investment Company Act of 1940. ETF analyst Eric Balchunas noted the launch as a new phase for memecoin ETFs. Nate Geraci from The ETF Store emphasized the widened access to Dogecoin for both retail and institutional investors.

The introduction of the ETF allows regulated, direct exposure to Dogecoin, a cryptocurrency previously considered speculative. The launch strategy employs a Cayman subsidiary for tax purposes, similar to the Solana ETF process. Market expectations have intensified, showcasing heightened interest across investor segments.

“The era of memecoin ETFs is about to begin. The REX-Osprey Dogecoin ETF (symbol DOJE) is scheduled to be listed on Thursday. Although it complies with the Investment Company Act of 1940 like $SSK, there are still a large number of Section 33 holders waiting for approval from the U.S. Securities and Exchange Commission.” — Eric Balchunas, ETF Analyst, Bloomberg

Dogecoin’s Market Response and Historical Parallels

Did you know? The launch of the Spot Bitcoin ETF in January 2024 significantly increased institutional access and led to a short-term price surge. DOJE’s launch suggests a parallel potential for Dogecoin within crypto markets, marking another evolution in crypto mainstream adoption.

Dogecoin, with the symbol DOGE, is currently priced at $0.24, witnessing a substantial increase of 4.01% in the last 24 hours. The market capitalization stands at $36.64 billion, with a 24-hour trading volume reaching $3.78 billion. Over the past 90 days, the price grew by 22.01% as per CoinMarketCap data.

The Coincu research team highlights the transformative impact DOJE’s launch could have on dogecoin’s reputation, shifting it from a purely speculative asset to a viable investment option. Historically, similar ETF launches for Bitcoin and Ethereum provoked sustained market interest, suggesting a potential parallel for Dogecoin.