REX-Osprey, an asset management firm, has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the first-ever Dogecoin exchange-traded fund (ETF). If approved, the fund would mark a historic milestone as the first regulated ETF in the United States designed to track the performance of Dogecoin, the meme-inspired cryptocurrency often linked with Elon Musk.
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 proposed product, temporarily named the REX-Osprey DOGE ETF, aims to give investors exposure to Dogecoin’s price without directly purchasing or holding the token. The filing states that at least 80% of the fund’s assets will be invested in Dogecoin or related instruments, including direct holdings, futures, and price-tracking products. The remaining assets may be placed in U.S. Treasuries or cash equivalents for liquidity and operational needs.
Mainstream Exposure for Dogecoin
If approved, the ETF could propel Dogecoin into the mainstream financial market, offering institutional and retail investors easier access to the cryptocurrency. This comes as Dogecoin’s price has surged 126% in the past year, despite broader volatility in the crypto market.
REX-Osprey, which previously restructured its Solana Staking ETF to improve tax efficiency for investors, says it will rely on third-party custodians to manage Dogecoin holdings, making the ETF’s performance dependent on these custodial partners.
Regulatory Hurdles Ahead
Despite the excitement, the Dogecoin ETF faces significant regulatory challenges. The fund has no operating history, and the SEC will review the application over the coming weeks before deciding on approval.
The filing also warns of risks tied to cryptocurrency regulation, including potential restrictions on wallets, exchanges, or mining operations. Additionally, tax policies for cryptocurrencies in the U.S. remain uncertain, which could affect investor returns.
Market sentiment around Dogecoin remains strong. A popular analyst known as DogeLord suggested on social media that September could be a breakout month for Dogecoin, predicting a potential rally toward the $0.34 resistance zone and possibly even a push toward its historic high near $0.75, if momentum holds above $0.21.
If the SEC approves the REX-Osprey DOGE ETF, Dogecoin would gain a major foothold in regulated finance, following in the footsteps of Bitcoin and Ethereum ETFs. Wth another good news of Dogecoin, which could be established the world’s first official reserve asset by Cleancore Solutions, crypto investors and institutions are watching closely to see whether this meme coin can leap from internet culture into Wall Street legitimacy.
