Altcoins News

Story: First Dogecoin ETF Could Arrive in the US Next Week as REX Shares Moves Ahead

By Dan Saada

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REX Shares Takes the 40 Act Route. Balchunas highlighted the filing in a Thursday post on X, noting that REX’s choice of structure…

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Dogecoin’s Performance and Investor Appetite. Despite its humble beginnings as a parody cryptocurrency in 2013, Dogecoin has built a strong…

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Expanding Beyond Dogecoin. Interestingly, REX is not limiting its ambitions to Dogecoin.

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Dogecoin’s Enduring Cultural Appeal. Dogecoin has always been more than just a cryptocurrency.

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Broader ETF Landscape: 92 Applications Pending. The potential approval of a Dogecoin ETF comes amid a broader wave of crypto-related filings.

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Institutional Interest Remains Strong. The growing momentum around crypto ETFs mirrors increasing institutional interest in digital assets.

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Looking Ahead. The debut of a Dogecoin ETF would represent another turning point in the mainstreaming of…

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Dogecoin may soon take a historic step in its journey from internet joke to mainstream investment vehicle.

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This potential milestone comes after REX Shares, an ETF issuer, filed an effective prospectus with the U.S. Securities and Exchange Commission (SEC).

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If approved, the new product would mark the first time that American investors could gain direct ETF exposure to Dogecoin, a cryptocurrency with both deep cultural relevance and…

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Balchunas highlighted the filing in a Thursday post on X, noting that REX’s choice of structure mirrors an earlier strategy used to roll out its Solana staking ETF.

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ETF Store President Nate Geraci has previously described this tactic as a “regulatory end-around,” since it avoids some of the bureaucratic hurdles that have slowed approvals for…

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In its filing, REX did not shy away from acknowledging Dogecoin’s risks. The prospectus warns that the asset is subject to “unique and substantial risks,” including sharp price…

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Despite its humble beginnings as a parody cryptocurrency in 2013, Dogecoin has built a strong reputation as one of the most recognizable digital assets.

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Over the past year, Dogecoin’s price has climbed 116%, according to CoinMarketCap. While it has retreated from its December 2024 high of $0.4672, it is still holding near $0.

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