Following the launch of the first Solana staking ETF in the U.S. this summer, U.S. asset management company REX Shares and Osprey Funds are frequently taking action and are preparing to launch the first Dogecoin (DOGE) ETF in the U.S., which may be listed as early as next week.
According to the prospectus submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, this fund is named 'REX-Osprey DOGE ETF', with the trading code 'DOJE'.
The REX-Osprey DOGE ETF, $DOJE, is coming soon! $DOJE will be the first ETF to deliver investors exposure to the performance of the iconic memecoin, Dogecoin $DOGE.
From REX-Osprey, the team behind $SSK, the first SOL + Staking ETF.@OspreyFunds
Investing involves risk.… pic.twitter.com/2eVv2hI7cf
— REX Shares (@REXShares) September 3, 2025
The document also mentions that in the future, there may gradually be ETFs tracking cryptocurrencies such as Ripple (XRP), BONK, and TRUMP.
Bloomberg senior ETF analyst Eric Balchunas stated:
Based on the prospectus and latest developments, REX is likely to launch the Dogecoin ETF next week under the (Investment Company Act of 1940) framework, but the document also covers XRP, BONK, and TRUMP, so it cannot be ruled out that they will gradually appear later.
According to ETF Trends, the (Investment Company Act of 1940) imposes strict regulations on investment funds, generally prohibiting funds from directly holding certain bulk commodities or derivative assets. Therefore, the REX-Osprey DOGE ETF will indirectly invest through the Cayman Islands-based subsidiary REX-Osprey DOGE Cayman Portfolio S.P. to meet compliance requirements, which is the same legal structure used by REX Osprey when it launched the Solana staking ETF in June this year.
Under the leadership of current chairman Paul Atkins, the U.S. SEC has recently appeared more open towards cryptocurrency ETFs than before. In July of this year, the SEC agreed to allow cryptocurrency ETFs to adopt an 'in-kind creations and redemptions' mechanism; it later approved bitcoin and ethereum spot ETF options.
Currently, the SEC has over 90 cryptocurrency ETF applications pending review. In addition to REX-Osprey, asset management giants Grayscale and Bitwise are also actively seeking to launch the Dogecoin ETF.
"The U.S. will welcome its first 'Dogecoin ETF'! Analyst: It may debut as early as next week" This article was first published on (Blockcast).
