The U.S. is set to launch its first Dogecoin ETF, DOJE, on September 11, 2025, on NYSE Arca, marking a pivotal moment in meme coin investment.
The launch potentially influences Dogecoinโs market dynamics, evidenced by a price surge from $0.21 to $0.245 following the announcement, impacting investor sentiment and market structure.
First U.S. Dogecoin ETF Launches on NYSE Arca
The first U.S. Dogecoin ETF, known as $DOJE, is set to debut on NYSE Arca on September 11, 2025. This milestone in meme coin investment is spearheaded by REX Shares, which has previously introduced Solana + Staking ETF ($SSK).
REX Shares, the issuer of the new ETF, has announced it will allow investors to gain exposure to Dogecoinโs performance. Despite its status as a memecoin, $DOJE marks a significant shift in the realm of cryptocurrency financial products.
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. Thereโs a big group of โ33 Act-ers waiting for SEC approval still. Pretty sure this is first-ever US ETF to hold something that has no utility on purpose. โ Eric Balchunas, Senior ETF Analyst, Bloomberg
Dogecoin Price Surges Post-SEC Approval of $DOJE
The approval of $DOJE by the SEC under the Investment Company Act of 1940 was quickly followed by a surge in Dogecoinโs price, rising from $0.21 to $0.245. This reflects the expanding interest in meme coins within the investment community.
The launch of the DOGE ETF could drive new institutional and retail investments into Dogecoin. The ETFโs 1.5% expense ratio is noted as higher compared to Bitcoin ETFs, highlighting a premium for its unique offering.
$DOJE Echoes Bitcoin Spot ETF Success
The introduction of $DOJE echoes the launches of Bitcoin spot ETFs, which accrued over $10 billion in inflows within six months. The evolution of ETF products suggests a growing acceptance of alternative digital assets like Dogecoin.
Experts from Kanalcoin indicate potential similarities between $DOJEโs impact and previous altcoin ETFs. Its success could inspire the creation of similar products for memecoins such as SHIB, potentially expanding cryptocurrency investment avenues further.
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