U.S. to Potentially See Its First Dogecoin ETF Launch Next Week

Rex Shares and Osprey Funds submitted the prospectus for the Dogecoin ETF 'DOJE (The REX-Osprey™ DOGE ETF)' to the SEC on September 4th. The ETF is expected to be listed as early as next week, marking it as the first U.S. physical ETF product that allows direct investment in Dogecoin.

Bloomberg's ETF experts suggest that 'a launch next week is highly likely.' The prospectus also mentions ETFs related to XRP, BONK, and TRUMP, indicating a potential expansion in meme coin investment products.

The DOJE operates through a subsidiary in the Cayman Islands to facilitate investments in Dogecoin (DOGE).