Highlights
A Dogecoin exchange-traded fund (ETF) has been filed by REX-Osprey with the U.S. Securities and Exchange Commission. If cleared, it would become the first regulated ETF in the United States to track the performance of the popular memecoin.
The product, called the REX-Osprey DOGE ETF (DOJE), aims to give investors exposure to Dogecoin’s price without directly buying the token. The filing comes as asset managers push for crypto funds that fit within U.S. regulatory structures.
According to the SEC filing, the ETF will invest at least 80% of assets in Dogecoin or related instruments. These include direct holdings, futures, and swaps that track DOGE’s performance. The fund may also place part of its assets in Treasuries or cash equivalents to support daily operations.
The ETF filing arrives at a moment when memecoins are capturing fresh interest from retail and institutional investors alike. REX-Osprey has converted its Solana Staking ETF into a new structure to enable tax efficiency for its investors. This shows it has experience align its products with investor demands.
This Dogecoin ETF relies on third party custodians. As such, an operational failure from them could negatively affect the performance of this ETF. Dogecoin has also been exhibiting a strong rally lately.
The latest TradingView chart shows DOGE trading at $0.22060, up 2.68% on the day. Over one month, the token has gained nearly 11%. It has also risen more than 122% in the past year, despite a year-to-date decline of 30%. DOGE is still 54% below its peak price. Though the recovery trend indicates increasing investor confidence.
The filing indicates that the Dogecoin ETF has not yet had any operating history that would allow a prediction of its performance. The proposal shows rising efforts to bring crypto into mainstream finance
REX-Osprey previously partnered on a Solana Staking ETF and now seeks to broaden offerings with a Dogecoin product. DOGE’s latest rally suggests optimism, but the final decision rests with regulators. The SEC will review the filing in the coming weeks before determining whether the Dogecoin ETF can debut on U.S. markets.
The crypto market is not stable. Unexpected policy changes may limit wallets, exchanges, or mining and have a direct impact on DOGE price. The Dogecoin ETF filing warns that the tax policy for crypto is still unknown, and this can impact returns.
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