First U.S. Dogecoin ETF Launches September 11 Under Unique Rules

* The first U.S. Dogecoin ETF, with the ticker DOJE, will debut on Thursday, September 11, 2025. * The ETF will use an unconventional regulatory framework under the Investment Company Act of 1940. On September 11, 2025, REX Shares and Osprey Funds will launch the first U.S. Dogecoin exchange-traded fund (ETF) under the ticker symbol DOJE. This launch marks a key milestone for the cryptocurrency world, as Dogecoin, first created as a parody in 2013, is now stepping into institutional finance. Often called a "meme coin" because of its humorous origins and internet-fueled popularity, Dogecoin has historically stood apart from utility-driven cryptocurrencies like Bitcoin and Ethereum. The launch of a dedicated Dogecoin ETF, however, signals a shift toward institutional recognition for community-driven digital assets. On September 10, Bloomberg reported that ETF analyst Eric Balchunas highlighted the offering's unique position, noting that it is the "first-ever US ETF to hold something that has no utility on purpose." The ETF's regulatory path also sets it apart, as The Block reported on September 10 that the fund is structured under the Investment Company Act of 1940, bypassing the more common Securities Act of 1933. This approach streamlines the approval process while ensuring adherence to U.S. regulations. To comply with diversification rules, the ETF will gain exposure to Dogecoin through derivatives and a Cayman Islands subsidiary. Notably, the issuers employed this same framework for a Solana-based ETF. The debut of DOJE is a significant development for cryptocurrencies, especially those in the meme token category, as industry observers view it as a step toward the mainstream acceptance of speculative digital assets. Consequently, growing market interest and anticipation for the launch have caused Dogecoin's price to trend upward. On September 10, data from CoinMarketCap showed: * Dogecoin (DOGE) was trading at $0.245, with its 24-hour trading volume up 2.271% (as of 18:16 UTC). * Ethereum (ETH) was priced at $4,359, with its 24-hour volume up 1.73% (as of 18:15 UTC). * Solana (SOL) was valued at $222.52, with its 24-hour trading volume up 3.506% (as of 18:16 UTC). The launch of the DOJE ETF highlights the evolution of cryptocurrency investments by bridging the gap between speculative meme tokens and institutional finance. As both regulatory pathways and market interest continue to grow, the debut underscores the expanding appeal of digital assets for a diverse range of investors.