Is a U.S.-Listed Dogecoin ETF Just Around the Corner?

Dogecoin ETF Could Debut This Week as Speculative Flows Build

Dogecoin (DOGE) jumped 7% in the past 24 hours on growing expectations that a U.S. spot exchange-traded fund tracking the meme token could be approved as soon as this week.

The Rex-Osprey DOGE ETF (ticker: DOJE) is likely to launch within days, ETF Store president Nate Geraci said. Backed by REX Shares and Osprey Funds and distributed by Foreside Fund Services LLC, the product would mark the first U.S.-listed ETF tied directly to Dogecoin’s price performance.

The filing comes amid a wave of innovation in crypto ETFs following the rollout of spot bitcoin and ether funds in 2024. DOGE’s strong cultural following — amplified by Elon Musk’s repeated endorsements — positions it as a high-profile retail-focused addition to the ETF market.

Analysts expect heightened volatility around the launch. “Think we’re in for a wild next 2 months for crypto ETFs,” Geraci said on X, noting DOGE could attract speculative inflows similar to bitcoin and ether spot products.

DOGE was recently trading near $0.23, extending weekly gains to nearly 15% and outpacing larger tokens.

The proposed DOGE ETF is not the only memecoin fund on the horizon. On Aug. 26, Canary Capital Group filed with the SEC to launch a spot ETF tied to TRUMP Coin, a Solana-based token associated with former President Donald Trump.

Traders will now be watching whether DOGE’s ETF debut sparks fresh demand in the memecoin sector or whether trading remains concentrated on existing exchanges.