Key Highlights
- The first U.S. Dogecoin ETF is set to launch on Thursday, September 18.
- Bloomberg analyst Eric Balchunas said that it could lead to Bitwise’s DOGE ETF.
- DOGE price action is expected to benefit from this situation.
The crypto market is poised to set another record as the first Dogecoin exchange-traded fund is set to enter the U.S. market. Bloomberg Intelligence Senior ETF analyst Eric Balchunas released new information on X regarding the timing of Bitwise’s ETF launch and explained the status of the remaining pending applications.
Dogecoin ETF Launch Timeline
“As of now, the Doge ETF $DOJE is slated for Thursday launch, as is a 40 Act spot XRP ETF $XRPR,” Balchunas wrote. He added that Trump and Bonk ETFs were also presented in the same prospectus filing, but the two products are not yet confirmed to be launched.
The new fund will be referred to as the Rex-Osprey Dogecoin ETF, and it will trade under the ticker DOJE. It is the first U.S. ETF to be exclusively focused on Dogecoin, a digital currency that started out as a meme and has since risen to make it among the largest cryptocurrencies by market capitalization.
As of now, the Doge ETF $DOJE is slated for Thursday launch, as is a 40 Act spot XRP ETF $XRPR (which was in the same prospectus that went effective, Trump and Bonk also in there too, but no word on launch date for those yet) https://t.co/q20takMsAe
— Eric Balchunas (@EricBalchunas) September 15, 2025
There was a question that soon made the rounds on the Internet about whether Bitwise had been rejected for its proposal. One user replied, “Why did Bitwise get a rejection on the doge spot etf?” Balchunas responded, “No, all the 33 Act DOGE ETFs are sitting with SEC likely to see approval in next two months.” His words imply that more Dogecoin ETF products are still undergoing live consideration and might get regulatory approval in the near future.
DOGE Price Action Ahead of Launch
In the two weeks, Dogecoin has been trading within a narrow range of between $0.26 and $0.27 at the beginning and middle of September. Although the movement range was small, the coin increased over 40% last week, and that was much faster than the majority of other large cryptocurrencies. The levels at which the firm has been well supported can be determined as close to $0.26 and $0.245 levels, and the resistance has also been observed as close to $0.29 and $0.30 levels.
Technical charts indicate that the token is making a symmetrical triangle breakout, which is commonly viewed as a continuation signal that is bullish. The volume of trading has increased threefold during the recent sessions, which supports the prospects of further increase. According to some market strategists, breaking through the $0.30 level would put the market in the position to go higher to $0.45 with the possibilities of hitting higher levels of up to $0.60 just in case the momentum continues into October.
Institutional Accumulation
Massive investors have been exposing themselves to Dogecoin even before the ETF release. In recent days, more than 280 million DOGE have been obtained by whale wallets. Meanwhile, CleanCore Solutions, a business organization, stated that it had already acquired 500 million tokens and will develop a one-billion-DOGE placement in the coming month. In case they succeed, the holdings would comprise about five percent of the circulating supply of Dogecoin.
The corporate sector is also growing in terms of Dogecoin adoption. The commercial arm of the Dogecoin Foundation, the House of Doge, bought a majority stake in the Italian football club Triestina, highlighting the extent to which the asset is becoming a mainstream business activity.
Regulatory Framework
The Rex-Osprey Dogecoin ETF has a more important implication in that it was allowed under the Investment Company Act of 1940, which is a procedural framework applied more often to conventional securities. This puts the DOJE fund in a different bracket than many other past crypto-linked ETFs, which is an indicator of a new level of regulation.
The fund was supposed to commence its operation on September 12, 2025. Nevertheless, the launch date was postponed and is currently planned for the middle of next week. The minor postponement has not discouraged investors who are keenly looking at the rollout.
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