Dogecoin ETF Nears Launch in the U.S., Targeting Thursday Rollout

First U.S. Dogecoin ETF Poised for Launch, Marking Milestone for Memecoins
September 9, 2025

Dogecoin is preparing to step onto Wall Street this week with the expected debut of the Rex-Osprey DOGE ETF ($DOJE). Set to be listed under the Investment Company Act of 1940, the fund will become the first U.S. exchange-traded product built around a token valued primarily for its cultural relevance rather than technical utility.

“This approval proves institutions now see the power of community and culture,” said Jordan Jefferson, CEO of DogeOS and MyDoge. “When pension funds are buying the coin that started as a meme, it signals a rare moment in financial history.”

The ETF, distributed by Foreside Fund Services and backed by REX Shares and Osprey Funds—the same firms behind this year’s Solana Staking ETF ($SSK)—has already stirred excitement. Dogecoin has climbed 17% in the past week on expectations of the launch.

Bloomberg analyst Eric Balchunas highlighted the listing in an X post, noting that $DOJE breaks new ground as the first regulated U.S. fund tied to a token built on culture and speculation.

Supporters argue the product could channel institutional capital into DOGE, adding liquidity and reinforcing its ecosystem of apps and games built around DogeOS. Jefferson said the combination of Wall Street backing and grassroots community support creates a foundation for long-term expansion.

The DOGE ETF also arrives amid a broader push to bring memecoins into regulated markets. Canary Capital Group recently applied for a TRUMP Coin ETF, tied to a Solana-based token linked to former President Donald Trump. While most filings under the 1933 Act remain in limbo, $DOJE is moving forward under the 1940 Act, giving it a faster path to approval.

Whether the product attracts significant inflows remains to be seen. But its arrival underscores a turning point: tokens once dismissed as jokes are now finding a place in Wall Street’s financial wrappers.