Doge: The First Memecoin ETF
Rex-Osprey launches the first US ETF based on a memecoin: The ETF, beginning trading today (9:30-16:00 EST). According to Eric Balchunas of Bloomberg, this is likely the first US ETF to hold an asset with no real utility, highlighting the institutional interest now directed at DOGE. The ETF uses the legal framework of the 1940 Act, offering direct exposure to Dogecoin while avoiding regulatory complications.
The announcement has propelled the token +13% over 7 days, outperforming Bitcoin and Ethereum. The current price of $0.24 (€0.2161) is targeting the $0.25-0.28 zone, according to technical analysts. Whales are accumulating 280 million DOGE, anticipating a significant rise thanks to the influx of institutional liquidity via the ETF.
With a market cap of $36 billion, it ranks in the crypto top 10. The precedents of Bitcoin ETFs (+300% post-launch) and Ethereum provide insight into the valuation potential, suggesting massive institutional adoption for the memecoin.
Crypto ETFs: The Revolution Is Just Beginning
DOGE is just the beginning. James Seyffart (Bloomberg) reveals that 92 crypto ETF projects are currently under review by the SEC. Solana, XRP, Cardano, and other major altcoins could follow quickly.
This wave reflects the SEC’s changing approach under the Trump administration. The agency now supports tokenization as a financial innovation and is relaxing its position on digital assets. This creates a favorable environment for crypto ETFs.
Bitcoin ETFs have attracted tens of billions $ and rank among the most successful launches in history. Ethereum funds are also experiencing strong growth in 2025. He could replicate this success with the advantage of mainstream popularity.
How to Buy Doge on Bitget?
Buy DOGE on Bitget now at $0.24 and take advantage of the upside potential towards $0.28 thanks to the influx of institutional liquidity.
Here’s a buying guide:
- Create an account: Sign up on Bitget, enable 2FA and complete KYC verification.
- Deposit funds: Via credit card, SEPA transfer or crypto.
- Buy DOGE: Access Spot Trading, choose the DOGE/USDT or DOGE/EUR pair, then place a market or limit order.
- Store securely: Keep DOGE in the Bitget wallet or a hardware wallet, with 95% of funds in cold storage.
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