- Dogecoin’s first ETF launches as DOJE on Cboe BZX
- REX and Osprey manage the fund using a hybrid structure
- DOGE price rose about 7% following the ETF’s debut
Dogecoin’s first ETF began trading on the Cboe BZX exchange under the ticker DOJE, giving brokerage account holders direct exposure to spot DOGE without opening a crypto exchange account or managing wallets. The fund comes from a joint effort between REX Financial and Osprey Funds, and it listed on September 18, 2025, as confirmed by Cboe’s new-listing notice. On launch day, DOGE traded around $0.28–$0.29 and rose roughly 7% over 24 hours, underscoring the immediate market interest around the listing. New SEC listing standards approved on September 18 shortened the path for crypto ETPs, which helps explain the timing for this debut and why more products could follow soon.
Dogecoin’s first ETF begins trading on Cboe BZX
The REX-Osprey DOGE ETF (DOJE) is the first U.S. exchange-traded product centered on Dogecoin, listing on Cboe BZX and opening access to a memecoin through standard brokerage rails like any other equity ETF. “Spot” here means the portfolio targets current market pricing rather than futures, which aligns the fund with real-time DOGE moves. Public materials indicate the ETF uses a hybrid structure that holds Dogecoin directly while also allocating to a non-U.S. Dogecoin ETP from 21Shares to round out exposure, distinguishing it from a pure single-line spot basket. The Cboe notice confirms the product’s symbol and first trade date, while multiple outlets documented the debut alongside an XRP fund launch from the same issuers. The result is simple for investors: place a DOJE order in a standard account and gain DOGE price exposure through a regulated wrapper.
How Dogecoin’s first ETF fits under the SEC’s new framework
Regulatory context matters. On September 18, 2025, the SEC approved generic listing standards that let exchanges like Cboe, Nasdaq, and NYSE list spot commodity ETPs—digital assets included—without each product running an extended 19b-4 rule change gauntlet. That change trims timelines and reduces friction, which in turn paved a clearer lane for DOJE. Earlier, issuers cited manipulation concerns as the sticking point for crypto spot funds, forcing a slower, case-by-case path. Under the fresh standards, more crypto-linked ETFs can list if they meet the updated criteria, even if structures differ slightly from “pure” spot baskets. Coverage around DOJE also notes it is not a plain-vanilla single-holding vehicle, since it pairs direct DOGE with exposure via a non-U.S. ETP, but the package still tracks Dogecoin closely enough for mainstream access. These moves collectively mark a shift from the posture that blocked crypto spot ETFs for years.
From Bitcoin and Ether to Solana: the road to Dogecoin’s first ETF
This listing follows a two-year arc that began with the SEC’s approval of spot Bitcoin ETFs in January 2024 and progressed to spot Ether ETFs in July 2024. On day one in January 2024, U.S. Bitcoin ETFs saw roughly $4.6 billion in trading volume, and BlackRock’s IBIT reached $1 billion in assets within four days. Since launch, cumulative net inflows for the U.S. spot Bitcoin cohort have surpassed $57 billion, highlighting steady institutional participation. Ether funds then arrived in July 2024, recording about $1.07 billion in first-day trading volume and six-figure net inflows despite a mixed tape. In mid-2025, REX-Osprey introduced a Solana + Staking ETF (SSK), combining spot SOL with on-chain staking rewards, signaling investor appetite for diversified crypto exposures inside the ETF format. Those milestones set the stage for Dogecoin’s first ETF to reach traditional platforms.
What DOJE means for access, structure, and price behavior
Dogecoin’s first ETF brings a memecoin—created in 2013 as a joke with a Shiba Inu mascot—into a regulated investment wrapper that many advisors and institutions can actually hold. REX-Osprey’s approach gives operational simplicity to buyers, and early reports describe a hybrid portfolio where a majority sits in DOGE itself while a significant share leans on a 21Shares Dogecoin ETP. Analysts and reporters also noted an XRP ETF went live alongside DOJE, reinforcing that the door now stands open to more than just Bitcoin and Ether. Launch-day pricing provides a reference point: DOGE hovered near $0.28 to $0.29 and gained around 7% on the 24-hour window around the debut, though such bursts can fade as flows and price discovery settle. Fee disclosures and fact sheets will guide long-term cost comparisons, and the new SEC standards suggest additional token exposures may line up behind DOJE as the ecosystem tests this faster listing channel.
conclusion
Dogecoin’s first ETF expands crypto access inside traditional brokerage accounts, starts trading with confirmed Cboe BZX listings, and arrives just as the SEC’s updated listing rules shorten paths for new launches. The debut lines up with the broader evolution that saw spot Bitcoin ETFs approved in January 2024, spot Ether ETFs arrive in July 2024, and a Solana + Staking ETF launch in mid-2025, after which cumulative Bitcoin ETF inflows topped $57 billion. With DOJE, investors can now express a view on DOGE through a regulated fund while the market adjusts to a framework built to accommodate more digital-asset exposure.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
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