TechFlow news, September 5 — According to TheBlock, Bloomberg Intelligence analyst Eric Balchunas stated that REX Shares and Osprey Funds could launch the first exchange-traded fund (ETF) offering direct exposure to Dogecoin as early as next week. The fund will trade under the ticker symbol DOJE.
According to the prospectus filed with the U.S. Securities and Exchange Commission (SEC), the fund will operate through a subsidiary based in the Cayman Islands to circumvent restrictions under the Investment Company Act of 1940. In addition to Dogecoin, the prospectus also references ETF products related to XRP, BONK, TRUMP, as well as Bitcoin, Ethereum, and Solana.
Notably, institutions including Grayscale and Bitwise are also currently seeking to launch Dogecoin ETFs.
