REX-Osprey to Launch First US Dogecoin ETF DOJE in Sep 2025

Published: 2025-09-12 00:08:45 |

REX-Osprey will launch the first US Dogecoin ETF (ticker DOJE) in September 2025, following an SEC filing that sets September 9, 2025 as the effective date. The fund will use a 1940 Act open-end structure with swaps and a Cayman subsidiary to track DOGE performance while preserving favorable tax status. Approved under the Investment Company Act of 1940, DOJE offers regulated exposure to Dogecoin without direct ownership. Analysts note the ETF’s unique structure brings stricter custody and compliance requirements compared to 1933 Act spot funds. Bloomberg ETF expert Eric Balchunas highlights utility concerns, pointing to Dogecoin’s origins as a joke and limited real-world use cases. Critics warn that DOJE’s performance may hinge on market sentiment and media coverage, increasing volatility risk. Supporters argue that Dogecoin’s brand recognition, retail demand, and potential inflows could tighten supply and boost liquidity, mirroring the rapid asset growth seen in the REX-Osprey Solana ETF launch. Traders will monitor DOJE’s creation schedule, secondary-market trading, and regulatory reviews for clues on how the Dogecoin ETF will affect DOGE liquidity and price volatility.

Bullish

The launch of the first US Dogecoin ETF by REX-Osprey is expected to have a bullish impact on DOGE in both the short and medium term. Historically, new crypto ETFs, such as the REX-Osprey Solana ETF, have drawn significant capital quickly, driving spot price gains and tightening supply. DOJE’s open-end structure and regulated status will likely attract retail and institutional inflows, reducing available float and supporting upward price pressure at launch. In the long term, price performance will depend on market sentiment, regulatory clarity, and Dogecoin’s perceived utility. While critics caution that momentum-driven trading could lead to volatility, sustained demand from ETF investors may establish a more stable baseline of liquidity. Overall, DOJE’s debut and subsequent secondary-market trading are likely to underpin DOGE price support, making the outlook bullish.