September 15th• 3 min read
Historic Dogecoin ETF Faces Third Delay, Now Set for Sept 18
The first US Dogecoin ETF by REX-Osprey has been delayed to September 18, marking a historic milestone for memecoin institutional adoption despite multiple postponements.
Key takeaways
🏛️ Historic First: REX-Osprey's DOJE ETF will be the first US fund to hold a memecoin when it launches September 18.
📈 Price Rally: DOGE surged 21% over the past week to $0.26 despite multiple launch delays.
🐋 Whale Activity: Large investors accumulated over 280 million DOGE ahead of the ETF debut, signaling strong institutional interest.
💼 Market Access: The ETF allows traditional investors to gain DOGE exposure through standard brokerage accounts without holding crypto directly.
🎯 Price Targets: Analysts eye $0.28-$0.30 resistance levels if the ETF attracts significant inflows.
Deep dive
The REX-Osprey Dogecoin ETF represents a watershed moment for cryptocurrency legitimacy, becoming the first US exchange-traded fund to hold a memecoin asset.
Despite facing three separate launch delays, the fund has received regulatory approval under the Investment Company Act of 1940, bypassing traditional spot ETF requirements through a Cayman subsidiary structure.
The anticipation has already driven significant market activity, with DOGE rallying 21% over the past week to trade around $0.26, while whale accumulation of over 280 million tokens suggests strong institutional positioning ahead of the September 18 launch.
The ETF's debut could catalyze broader memecoin adoption in traditional finance, though investors should prepare for heightened volatility as the market tests whether institutional demand can sustain DOGE's recent momentum.
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.
