Workflow
DOJE ETF
icon
Search documents
Dogecoin ETF Sees Strong Debut, But Rex-Osprey Is Already Plotting a Riskier DOJE Fund
Yahoo Finance· 2025-09-19 20:40
Core Insights - Rex-Osprey's DOJE, the first U.S. spot Dogecoin ETF, achieved strong trading volumes upon its market debut, ranking among the top five ETF rollouts of the year [1][6] - The issuer has filed for a new leveraged product, the REX DOJE Growth & Income ETF, which aims to provide 105-150% exposure to the price return of DOJE on a single day [1][2] Product Details - The REX DOJE Growth & Income ETF will consist of three components: leveraged long exposure in the underlying Dogecoin ETF (DOJE), a covered call strategy for income generation, and investments in short-term treasuries or money market funds [2][3] - The primary goal of the fund is to pay weekly distributions, with a secondary aim of achieving daily investment results between 1-1.5 times the percent change of DOJE [3] Risk Considerations - The fund is designed for knowledgeable investors who understand the risks associated with leveraged investments and are willing to monitor their portfolios frequently [4] - The prospectus highlights that the fund may incur losses if DOJE's return is flat over multiple days, and it may also lose value even if DOJE increases over a longer period [4] Market Performance - The standard DOJE ETF generated approximately $17 million in trading volume on its first day, placing it in the top five for first-day volumes among ETF launches this year [6] - In comparison, the Rex-Osprey XRP ETF launched on the same day and achieved nearly $38 million in trading volume, marking it as the most successful debut of the year [6]
X @BSCN
BSCN· 2025-09-19 12:40
RT BSCN (@BSCNews)FIRST-EVER XRP AND DOGECOIN SPOT ETFS LAUNCH IN THE U.S.- REX Shares and Osprey Funds debuted the first U.S.-listed spot ETFs tied to $XRP and Dogecoin $DOGE on the Cboe BZX Exchange.The XRPR ETF- The XRPR ETF offers direct exposure to XRP, a token powering cross-border payments on the XRP Ledger.- It trades under the Investment Company Act of 1940, providing regulatory safeguards, and opened with record demand.- First-hour volume topped $24M, outpacing all prior XRP futures ETFs. By the e ...
X @BSCN
BSCN· 2025-09-19 04:37
FIRST-EVER XRP AND DOGECOIN SPOT ETFS LAUNCH IN THE U.S.- REX Shares and Osprey Funds debuted the first U.S.-listed spot ETFs tied to $XRP and Dogecoin $DOGE on the Cboe BZX Exchange.The XRPR ETF- The XRPR ETF offers direct exposure to XRP, a token powering cross-border payments on the XRP Ledger.- It trades under the Investment Company Act of 1940, providing regulatory safeguards, and opened with record demand.- First-hour volume topped $24M, outpacing all prior XRP futures ETFs. By the end of the session, ...
Ripple (XRP) Volumes Surge 140% as CBOE Confirms XRP ETF Listing
Yahoo Finance· 2025-09-18 20:26
Core Insights - Ripple's price reached $3.10 on September 18, driven by the anticipated Fed rate cut and the launch of XRP ETFs by Rex Shares, resulting in a 5% price increase over the week [1][4] - Rex Osprey launched the first U.S.-issued ETFs for Spot Dogecoin and Spot XRP, with the XRPR ETF primarily holding spot XRP [2] - Institutional demand for ETFs as trading vehicles for cryptocurrencies is emphasized by Rex Osprey's CEO, highlighting the importance of regulatory protections [3] Market Reactions - XRP gained 4% following the ETF news but faced resistance at the $3.10 mark, underperforming compared to other altcoins [4] - XRP futures trading volumes surged by 140%, exceeding $10 billion, while open interest increased by 6.7% to $9 billion, indicating significant market activity [5] - The increase in open interest relative to spot price gains suggests new capital is entering the market, supporting a potential bullish breakout [6] Additional Insights - Rex Osprey's Solana Staking ETF has attracted nearly $300 million in inflows within three months, with Solana's price rising 68% during the same period [7]
Dogecoin Rises as First US DOGE ETF 'Destroys' Expectations in Early Trading
Yahoo Finance· 2025-09-18 16:42
Group 1 - Dogecoin (DOGE) has increased by 8% in the last 24 hours, outperforming Bitcoin and Ethereum, coinciding with the launch of DOJE, the first U.S. ETF focused on Dogecoin [1] - The DOJE ETF began trading on Thursday and quickly exceeded expectations, reaching nearly $6 million in trading volume shortly after its launch, significantly higher than the typical first-day volume for ETFs [2] - The DOJE ETF is registered under the Investment Company Act of 1940, providing access to spot Dogecoin through a wholly owned subsidiary in the Cayman Islands, contrasting with other crypto ETFs registered under the Securities Act of 1933 [2][3] Group 2 - The recent surge in Dogecoin's value may also be attributed to CleanCore Solutions, which has established the first official Dogecoin treasury in partnership with the Dogecoin Foundation [4] - CleanCore Solutions has acquired 100 million DOGE, increasing its total holdings to 600 million DOGE, valued at approximately $170 million, with a long-term goal of accumulating 5% of the total Dogecoin supply, equating to about 7.5 billion DOGE or around $2.1 billion [5] - Dogecoin's price has risen nearly 34% over the past 30 days, currently priced at $0.286 [5]
Dogecoin Eyes 'Impressive Rally' On DOJE ETF Launch, But There's Reason To Be Cautious
Yahoo Finance· 2025-09-10 12:50
Core Insights - Dogecoin is experiencing a surge in interest due to the anticipation of its upcoming ETF listing, with a current price of $0.2434 and a market cap of $36.7 billion, reflecting a 12.7% increase over the past week [1] - Analysts warn that while there may be short-term gains, these could be quickly reversed due to speculative trading behavior [2][3] Price and Market Trends - Dogecoin's price is projected to reach a breakout level of $0.29, potentially leading to a run towards $0.50 according to crypto chart analyst Ali Martinez [1] - The cryptocurrency is currently testing the upper Bollinger Band, indicating strengthening momentum after previous pullbacks [2] Whale Activity and Market Sentiment - Whale behavior shows mixed sentiment; while there was an initial spike in Dogecoin's price following ETF news, profit-taking has led to a cooling off, although wallets holding 1M–10M DOGE are accumulating, reaching near four-year highs [3] - Historical trends suggest that Dogecoin rallies often fade as hype diminishes, despite potential renewed speculation from retail and institutional demand if the ETF launches [3] Community Developments - The Dogecoin Foundation's corporate arm, House of Doge, has partnered with Bitstamp USA to establish an official trading and custody venue for the new Dogecoin Treasury, aimed at enhancing stability and transparency within the ecosystem [4]
Ahead of a Coming Dogecoin ETF Launch, Should You Buy the DOGE Crypto Here?
Yahoo Finance· 2025-09-09 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]
Should you buy Dogecoin before Thursday’s ETF launch? (Hint: Elon Musk)
Yahoo Finance· 2025-09-09 18:04
Core Viewpoint - Dogecoin is experiencing a rally due to the upcoming launch of the first-ever Dogecoin ETF, DOJE ETF, scheduled for September 11, which is expected to enhance investor access and security in trading the cryptocurrency [1][3]. Price Movement and Trading Volume - Dogecoin's price has increased approximately 7% in the last 24 hours, with trading volume surging over 120% as traders position themselves ahead of the ETF launch [2]. - Currently, Dogecoin is trading at $0.2468, which is 66% lower than its peak of $0.73 reached on May 8, 2021 [3]. ETF Impact and Investor Sentiment - The introduction of the Dogecoin ETF allows investors to gain exposure to Dogecoin without directly owning it, providing easier access and better security [3]. - The market is anticipating a "wild" next two months for crypto ETFs, indicating heightened investor interest and potential volatility [3]. Technical Analysis - The Relative Strength Index (RSI) for Dogecoin is at 62, indicating it is not yet overbought and has room for growth [6]. - Moving averages show 14 buy signals and 1 neutral signal, suggesting a strong bullish trend as Dogecoin is trading above key short-term and long-term moving averages [7][9]. - Overall, the technical indicators suggest a buy signal, with momentum indicators turning bullish [8][12]. Market Dynamics and Future Outlook - Dogecoin is in a confirmed uptrend across all key timeframes, with potential for a breakout rally if it surpasses the $0.25–$0.26 range [12]. - The cryptocurrency remains highly volatile, with price movements influenced more by market narratives than fundamentals, and the "buy the rumor, sell the news" phenomenon is a consideration for investors [13].
First Dogecoin ETF to launch on Sept 11, Bloomberg analyst says
Yahoo Finance· 2025-09-09 15:11
Group 1: ETF Development - The first US exchange-traded fund (ETF) linked directly to Dogecoin, named DOJE, is set to debut on September 11, marking the beginning of the "memecoin ETF era" according to Bloomberg analyst Eric Balchunas [1] - DOJE was registered under the Investment Company Act of 1940, allowing for a quicker approval process compared to the traditional 19b-4 process for spot crypto ETFs [2] - The fund is structured as a C-corporation providing DOGE exposure through a Cayman Islands subsidiary, which has raised some skepticism among investors regarding potential double taxation [3] Group 2: Corporate Adoption of Dogecoin - CleanCore Solutions, Inc. purchased 285.4 million DOGE valued at $68 million, making it the largest Dogecoin treasury holder to date [4] - The company plans to accumulate one billion DOGE within 30 days, aiming to secure 5% of the token's circulating supply, with backing from the Dogecoin Foundation and House of Doge [5] - A partnership with Bitstamp USA has been established to manage the Official Dogecoin Treasury, enhancing transparency and stability while laying the groundwork for yield-bearing products [6]