Dogecoin ETF becomes a reality. According to CoinGape, Bloomberg analyst Eric Balchunas confirmed that the first fund of this type launched on September 11 under the name REX-OSPREY Dogecoin ETF.

Dogecoin ETF and its historic start

This move marks an important milestone as it is the first official ETF based on a meme coin to reach traditional financial markets. The fund will trade under the ticker “DOJE,” and experts see it as the beginning of a new investment era where even cryptocurrencies without a clear practical function are gaining attention.

Interestingly, the fund manager REX-OSPREY previously launched a Solana ETF, which was the first staking fund of its kind. Their approach demonstrates an effort to create new investment opportunities for both retail and institutional investors. Moreover, since the first reports about the Dogecoin ETF, the DOGE price has increased from approximately $0.20 to $0.25 according to TradingView, indicating growing investor confidence.

Meme coin ETF era about to kick off it looks like with $DOJE slated for a Thursday launch, albeit under the 40 Act a la $SSK. There’s a big group of ’33 Act-ers waiting for SEC approval still. Pretty sure this is first-ever US ETF to hold something that has no utility on purpose pic.twitter.com/BIcpu1zR4o

— Eric Balchunas (@EricBalchunas) September 9, 2025

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Other DOGE funds on the horizon

Although the REX-OSPREY Dogecoin ETF launches in September, it is not the only project of this kind. According to Bloomberg analysts, there is a 90% probability that the Securities and Exchange Commission (SEC) will also approve other applications this year. These are funds filed under the so-called “33 Act,” whereas REX-OSPREY uses the “40 Act” legal framework.

Among the pending applicants are well-known companies such as Grayscale, Bitwise, and 21Shares. For Grayscale, the final decision deadline is October 18, while for Bitwise it is November 12. It is possible, however, that the SEC will approve all funds simultaneously, similar to BTC and ETH ETFs. This approach would strengthen confidence in cryptocurrency products and open the door for other altcoins to enter the traditional finance world.

Such a development signals that even meme coins, initially seen more as a joke or speculative tool, are now finding a firm place among serious investment products. For investors, this can mean new opportunities for diversification and long-term appreciation.

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