September 17th• 3 min read
First US Dogecoin ETF Launches Sept 18
REX-Osprey's DOGE ETF (ticker: DOJE) becomes the first US exchange-traded fund dedicated to Dogecoin, launching Thursday after clearing SEC's 75-day review period without objection.
Key takeaways
🏛️ Regulatory Milestone: First US Dogecoin ETF approved under Investment Company Act of 1940, bypassing traditional approval delays
📈 Market Access: Retail investors can now access DOGE exposure through traditional brokerage accounts
💼 Institutional Interest: ETF structure enables broader institutional participation in Dogecoin markets
🎯 Trading Details: DOJE ticker launches September 18 with 1.5% expense ratio
Deep dive
The REX-Osprey Dogecoin ETF represents a regulatory breakthrough, using the Investment Company Act of 1940 framework to avoid the lengthy approval process that has delayed other crypto ETFs.
Unlike spot Bitcoin and Ethereum ETFs, DOJE operates as a Registered Investment Company that gains DOGE exposure primarily through derivatives and futures contracts via a Cayman Islands subsidiary.
This structure circumvents direct custody requirements while providing regulated access to Dogecoin.
The ETF's launch follows successful precedent with REX-Osprey's earlier Solana Staking ETF, demonstrating the viability of this regulatory approach for altcoin products.
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