09.09.2025 16:59
Drawing from internet sources, a significant development is on the horizon for the cryptocurrency market, as a prominent Bloomberg analyst has pinpointed a specific date for the potential approval of a Dogecoin (DOGE) Exchange Traded Fund (ETF).
Following the precedent set by Bitcoin and Ethereum, the anticipation is mounting for spot ETFs of other digital assets, including XRP and Solana (SOL), to gain approval from the Securities and Exchange Commission (SEC). While September and October have been floated as potential timelines, Bloomberg's ETF analyst, Eric Balchunas, has offered a precise date for the Dogecoin ETF. According to Balchunas, RexShares' spot Dogecoin ETF is slated for a launch on the 11th of a month yet to be specified. The fund's structure leverages the Investment Company Act of 1940, which generally mandates automatic approval approximately 75 days post-application, barring any exceptional circumstances.
Balchunas, expressing a high degree of conviction, remarked on the dawning era of meme coin ETFs. He stated, "The meme coin ETF era appears to be about to begin; DOJE is scheduled to launch on Thursday, but under Law 40, like SSK." He further noted the substantial cohort of '33 Act filings still awaiting SEC clearance, adding, "I’m pretty sure this is the first U.S. ETF that knowingly holds something it doesn’t benefit from."
Complementing Balchunas's optimism regarding the DOGE ETF, Santiment analyst Brian Q. has put forth a bold forecast for the soon-to-be-launched Rex-Osprey Dogecoin ETF. In his most recent analysis, Brian indicated that the REX-Osprey Dogecoin ETF, identified by the ticker DOJE, is highly likely to receive the green light for its launch. He asserted a remarkable 93% probability of approval occurring within the current week. The prospect of the meme coin ETF landscape expanding seems imminent, with $DOJE reportedly scheduled for a Thursday debut, though it will operate under the framework of the 40 Act, analogous to $SSK. A considerable number of '33 Act applications continue to await SEC approval. This endeavor is considered particularly noteworthy, as it is believed to be the inaugural U.S. ETF designed to intentionally hold an asset devoid of inherent utility.
