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Dogecoin Rallies as REX-Osprey ETF Is Seen Nearing a U.S. Launch

Analysts point to an effective 1940 Act prospectus as the catalyst for a faster listing timeline.

Overview

  • REX Shares and Osprey Funds have an effective SEC prospectus for a REX‑Osprey DOGE ETF filed under the Investment Company Act of 1940.
  • ETF commentators, including Nate Geraci and Eric Balchunas, say the DOJE fund could list this week, with Polymarket odds near 92%–94% for a near‑term outcome.
  • Dogecoin rose roughly 7%–9% to about $0.23 as reported volumes jumped more than 120% to around $2.6 billion.
  • Technicians flag a potential breakout if price holds above roughly $0.23, with a projected target near $0.33 and the risk of a pullback if the move fails.
  • Gains extended to XRP, TRON and Solana, while traders brace for volatility and cite rate‑cut expectations as an additional tailwind.