Bloomberg Analyst predicts the launch of the first Dogecoin ETF next week
The post Bloomberg Analyst predicts the launch of the first Dogecoin ETF next week appeared on BitcoinEthereumNews.com.
REX Shares may launch a Dogecoin ETF using the 40 Act next week. While Dogecoin is up 116% in a year, it is still far below its December 2024 peak. The US SEC is reviewing 92 crypto ETF applications, with decisions due by October. The prospect of a Dogecoin exchange-traded fund (ETF) debuting in the United States as early as next week has gained traction after Bloomberg ETF analyst Eric Balchunas pointed to fresh regulatory filings. If confirmed, it would mark the first time the meme-inspired cryptocurrency receives such recognition in the US financial markets, signaling yet another milestone in the gradual institutional embrace of digital assets. REX Shares may launch the first US Dogecoin ETF next week According to Balchunas, ETF issuer REX Shares has filed an effective prospectus with the US Securities and Exchange Commission (SEC) under the Investment Company Act of 1940, commonly known as the 40 Act. This alternative structure allows a faster path to market compared to the traditional ETF approval process that requires Form S-1 and 19b-4 filings. The same approach was successfully used by REX earlier this year to roll out its Solana staking ETF. Industry observers, including ETF Store president Nate Geraci, have described this strategy as a “regulatory end-around.” REX Shares w/ the regulatory end-around… Looks like two crypto ETF launches are imminent. REX-Osprey ETH + Staking ETF and REX-Osprey SOL + Staking ETF. ’40 Act funds taxed as C-Corp (so double taxation). Both ETFs seek to stake at least 50% of underlying crypto asset. https://t.co/4JyczUeSpG — Nate Geraci (@NateGeraci) May 30, 2025 While it avoids some of the hurdles faced by spot crypto ETFs, it still provides investors with a regulated investment product tied to the price movements of the underlying asset. REX’s move positions Dogecoin alongside Solana in breaking…
Filed under: News - @ September 5, 2025 7:28 am