Dogecoin seems to join the era of ETF this week, with the ETF rex-osprey doge ($ Doje) It is expected to debut in US markets under the 1940 investment companies law.
The launch would mark the first quoted background in the United States built around a token without expected utility beyond speculation and culture, said Bloomberg’s senior analyst Eric Balchunas, who marked the launch, in an X post.
ET ETF MEME COIN ACEGER DE BARDIVES as with $ Doje scheduled for a launch of Thursday, although under the act of 40 to the $ SSK. There is a large group of ’33 acts that still expect the approval of the SEC. Quite sure that this is the first US ETF. Uu. To sustain something that has no use on purpose pic.twitter.com/bicpu1zr4o
– Eric Balchunas (@ericbalchunas) September 9, 2025
The product, distributed by Foreside Fund Services, is supported by the actions of Rex and the Fisherman Eagles funds, the same team that brought a Solana ETF. ($ SSK) at the market earlier this year. Merchants expect greater volatility in the coming weeks, and it already quotes 17% in last week for the expectations of the next launch.
Jordan Jefferson, CEO of Degeos and Mydoge, called the ETF a basin in a note for Coendesk.
“Dogecoin began as a joke, and now Wall Street finally understands it. ETF approval shows that institutional investors recognize the real value of the community, culture and accessibility,” he said. “When pension funds buy the asset that began as a joke, you know that we have reached a unique moment in financial history.”
“The institutional capital that flows to Doge provides a new liquidity and stability, while the Dogecoin ecosystem continues to expand with applications, games and public services through Degees. The Wall Street investment combination and the base community creates a basis for sustained growth that few assets can match,” Peterson added.
Doge ETF also occurs when other Memecoin products press for the approval of the SEC. Canary Capital Group recently requested an ETF spot linked to Trump Coin, a Solana token linked to President Donald Trump.
A wave of presentations of the 1933 law remains pending with the agency, while $ Doje will slide under the structure of Law 40 already used for $ SSK.
Market participants will observe closely to see if tickets in Doge ETFS expand the trade of memecoros in regulated products, or if the liquidity remains concentrated in centralized exchanges.
Anyway, the list is indicative of how cultural tokens are moving towards conventional financial wrappers, an institutionalization of memecoins that few would have even anticipated even.
