Overview

• REX-Osprey’s proposed DOJE ETF would allocate a minimum of 80% to Dogecoin or related instruments such as futures and swaps, according to its SEC filings.
• The product sits inside an open-end ‘40-Act ETF trust and uses a Cayman subsidiary with a 25% cap to maintain RIC tax treatment, a path that does not require a crypto-specific 19b-4 approval.
• The fund still needs its registration to go effective and an exchange to accept the listing, though its structure could allow it to debut before rival spot DOGE ETPs from Bitwise, 21Shares, and Grayscale.
• Dogecoin recently traded around $0.22 after a year-over-year gain of roughly 122%, with weekly volume reported at $13.49 billion during a consolidation phase near $0.20.
• Institutional interest includes CleanCore Solutions’ reported $175 million Dogecoin treasury backed by Pantera Capital, GSR Markets, and FalconX, while disclosures flag custody, tax, and volatility risks despite the SEC’s 2025 commodity classification of DOGE.