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Ahead of a Coming Dogecoin ETF Launch, Should You Buy the DOGE Crypto Here?
Yahoo Financeยท2025-09-09 18:46

Group 1 - Dogecoin (DOGE) started in 2013 as a humorous response to the crypto industry's seriousness and is now ranked 8th in market capitalization, with high name recognition, especially after Elon Musk's influence [1] - Analysts predict that a Dogecoin ETF is imminent, with Rex Shares and Osprey Funds expected to launch it under the ticker "DOJE," structured as an Investment Company Act of 1940 product, bypassing the lengthy 19b-4 process [2] - The SEC has declared the prospectus for the Dogecoin ETF effective as of September 9, 2025, with a 91% chance of approval this year according to bettors on Polymarket [2] Group 2 - The introduction of regulated ETFs has historically led to significant asset re-ratings, as seen with Bitcoin, which gained approximately 161% since the approval of its first spot ETF in January 2024 [4] - Ethereum has also seen gains following the approval of its spot ETFs, although it has recently started outperforming Bitcoin [5] - The "DOJE" ETF will utilize futures contracts and swaps without holding the actual Dogecoin, meaning it will not directly influence Dogecoin's spot price but may lead to indirect and speculative inflows if it garners significant interest [6][7]