Dogecoin Price Climbs Amid ETF Speculation
Dogecoin price gained 2.11% in the last 24 hours to trade at $0.22, outpacing the broader crypto market’s 1.89% rise. The move comes as analysts say the first Dogecoin ETF approval in the U.S. could be on the horizon, with some pointing to a possible debut in the coming weeks.
REX Shares Moves Ahead with Filing
ETF issuer REX Shares has filed a new prospectus with the U.S. Securities and Exchange Commission (SEC), the same regulatory path it used to launch its Solana staking ETF. Bloomberg’s Eric Balchunas noted that the effective prospectus raises the likelihood of a Dogecoin ETF launch in the near term.
— REX Shares (@REXShares) September 5, 2025
The filing addresses risks, warning that “DOGE is a relatively new innovation and is subject to unique and substantial risks,” particularly its volatility.
A Different Regulatory Route
Instead of following the traditional ETF approval process, which requires Form S-1 and Form 19b-4 filings, REX is pursuing the “40 Act” route. Industry experts, including ETF Store president Nate Geraci, have called this method a regulatory end-around, offering issuers an alternative pathway.
Meanwhile, asset managers such as 21Shares, Bitwise, and Grayscale are still awaiting SEC decisions on their own Dogecoin ETF applications filed under the standard process. This raises key questions investors are asking:
- Is there a Dogecoin ETF? Not yet, but filings are active.
- Which company filed for a Dogecoin ETF? REX Shares most recently.
- When could a Dogecoin ETF be approved? Analysts suggest as early as this month if the 40 Act path holds.
- Dogecoin ETF holdings: Expected to mirror DOGE’s spot market performance, though details remain subject to SEC approval.
- Dogecoin ETF approval date: No official date yet, but speculation centers on September.
Market Performance and Context
Dogecoin has delivered gains of more than 116% year-over-year, though it remains 54% below its December 2024 high of $0.4672. Investors eyeing the next leg often turn to Dogecoin price prediction reports for short- and long-term scenarios.
In parallel, REX has also filed for an ETF tied to the Trump token, expanding its digital asset offerings.
Dogecoin’s Cultural Staying Power
Despite its meme origins, Dogecoin continues to command media and investor attention. Elon Musk’s influence remains central: from branding himself the “Dogefather” to backing projects tied to DOGE. Recently, reports surfaced that Musk’s attorney Alex Spiro is leading efforts to raise $200 million for a new Dogecoin-focused public company, adding another layer to the token’s narrative.
