September 7th• 3 min read
First US Dogecoin ETF Could Launch This Week
REX Shares filed an effective prospectus for the first US Dogecoin ETF, potentially launching within days through a regulatory shortcut that bypasses traditional SEC approval processes.
Key takeaways
🚀 ETF Breakthrough: REX-Osprey DOGE ETF (ticker: DOJE) could debut as early as next week, marking the first US-listed Dogecoin exchange-traded fund.
⚡ Fast-Track Approval: Using Investment Company Act of 1940 structure to bypass lengthy 19b-4 process that traditional crypto ETFs require.
🏛️ Regulatory Innovation: Same approach REX used for successful Solana staking ETF launch earlier this year, avoiding standard SEC approval delays.
📈 Market Access: Would provide retail and institutional investors regulated exposure to DOGE through traditional brokerage accounts for first time.
🎯 Pipeline Products: Filing also references potential ETFs for XRP, BONK, and TRUMP tokens, suggesting broader crypto ETF expansion ahead.
Deep dive
REX Shares has positioned itself to potentially launch the first US Dogecoin ETF through an innovative regulatory approach that could circumvent the traditional lengthy approval process.
By filing under the Investment Company Act of 1940 and structuring the fund as a C-corporation with a Cayman Islands subsidiary, REX is following the same playbook that successfully brought their Solana staking ETF to market in July 2025.
Bloomberg ETF analyst Eric Balchunas noted the effective prospectus filing signals a launch could happen within days, making DOGE the likely first meme coin to achieve regulated ETF status in the US.
While this structure involves different tax implications for investors compared to traditional ETFs, REX appears to be prioritizing speed to market over tax efficiency.
The move comes as over 90 crypto ETF applications await SEC review through traditional channels, with competitors like Bitwise, Grayscale, and 21Shares still pursuing standard approval routes for their Dogecoin products.
If successful, this could open the floodgates for additional meme coin and altcoin ETFs using similar regulatory shortcuts.
Polaris insights AI-generated
Disclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.
