REX-Osprey is reportedly ready to launch a Dogecoin ETF soon, and according to Bloomberg analyst Eric Balchunas, it could be next week.
If true, this product could be the first Dogecoin ETF officially launched in the United States and will use the ticker “DOJE.”
Regulatory shortcut could speed up Dogecoin ETF approval
However, this plan is not just a rumor. REX-Osprey has filed a prospectus with the Securities and Exchange Commission (SEC) using the legal framework of the Investment Company Act of 1940, or ’40-Act.
This mechanism eliminates the need for approval through the typically lengthy 19b-4 process. This strategy was successful when the same company launched the Solana + Staking ETF (SSK), so there’s reason to believe the process could be faster this time around.
However, the launch of a Dogecoin ETF still requires “effective registration” from the SEC and exchange listing approval before trading. The estimated timeframe for “next week” likely refers to the period from September 8 to 12, 2025.
This schedule is certainly subject to change, but market expectations are already starting to form. Both retail and institutional investors are now paying attention to this move, as it could open broader investment access to Dogecoin.
Furthermore, the REX-Osprey prospectus doesn’t just address Dogecoin. There are also plans to launch other ETFs based on XRP, BONK, and even politically themed tokens like Trump.
Furthermore, this product is structured through a Cayman Islands-based subsidiary. This model is quite commonly used to provide exposure to crypto assets under the ’40-Act’ rule, allowing companies to avoid the more complicated traditional route.
Interestingly, this approach reveals a regulatory loophole being exploited to expedite the launch of crypto products on the capital markets. Previous Bitcoin and Ethereum ETFs required lengthy waits for official approval, while the ’40-Act route opens up an alternative path.
The question is, will the Dogecoin ETF truly be ready to go live next week, or will there be last-minute technical issues?
On the other hand, the presence of a Dogecoin-based ETF would clearly add legitimacy to an asset previously known as a “meme coin.” This rebranding could provide an opportunity for institutional investors to enter the market without having to purchase the coin directly.