Dogecoin receives an ETFapproach that sets it apart from typical cryptocurrency debuts!
In a groundbreaking move, Dogecoin [DOGE] is set to receive its first-ever Exchange Traded Fund (ETF) in the US market. The launch, scheduled as early as next week, is a novel event that has stirred excitement among crypto enthusiasts. However, price swings could still dominate in the days ahead.
The company behind the launch is Rex-Osprey, with its Rex-Osprey Spot Dogecoin ETF (ticker: DOJE) expected to start trading as soon as September 11, 2025. Rex-Osprey has chosen an unconventional route for this launch, filing under the Investment Company Act of 40, a route typically used for bond and stock ETFs. This method, referred to by Nate Geraci, President of the ETF Store, as "a regulatory end-around," offers built-in investor protections and a smoother path through regulators compared to the standard S-1 filing.
The Dogecoin ETF's filing highlights the risks associated with Dogecoin's volatility and unpredictability. At press time, Dogecoin's price is trading near $0.214. According to analysts, the price may hold its range between $0.21 and $0.22 in the short term, unless the ETF buzz kicks in. A breakout towards $0.23 could follow if excitement builds around the launch, but without strong catalysts, consolidation may remain the base case.
Trading volumes for Dogecoin have been steady, while the On Balance Volume (OBV) remains flat, suggesting limited fresh inflows. The Relative Strength Index (RSI) for Dogecoin is hovering at around 47, indicating a neutral setup.
The launch of the Dogecoin ETF isn't the only unconventional move from Rex-Osprey. The company has also filed a 40 Act ETF tied to Trump-themed tokens, suggesting a pattern of unconventional launches.
The Dogecoin ETF isn't the only significant event in the crypto space. Stripe's Tempo debut challenges Ethereum's scaling vision, offering a decentralised payments network with faster transaction speeds and lower costs.
The SEC has also unveiled a Spring 2025 agenda to improve crypto regulations, suggesting a more favourable environment for such launches in the future. The launch of the Dogecoin ETF, therefore, marks a significant step in the mainstream adoption of cryptocurrencies.
In conclusion, the launch of the Dogecoin ETF next week promises to be an exciting event in the crypto space. While price swings are expected, the built-in investor protections and a smoother path through regulators could lead to a more stable market for Dogecoin in the long term.
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