Dogecoin (DOGE): First U.S. ETF Filing Sparks Rally as Chart Turns Bullish

04-Sep-2025

TLDR

  • REX-Osprey has submitted the first U.S. Dogecoin ETF filing to the SEC, which would track DOGE performance without direct token ownership
  • The proposed REX-Osprey DOGE ETF (DOJE) would invest at least 80% of assets in Dogecoin or related instruments like futures and swaps
  • DOGE price is currently trading at $0.22, up 2.68% daily and 122% over the past year despite being 30% down year-to-date
  • Technical analysts identify a bullish pattern of higher highs and higher lows forming on DOGE’s weekly charts
  • Key resistance levels sit at $0.243 and $0.495, with support holding around the $0.20 zone

REX-Osprey has filed the first U.S. Dogecoin exchange-traded fund proposal with the Securities and Exchange Commission. The filing represents a major step toward bringing the popular memecoin into regulated investment products.

The proposed fund, called the REX-Osprey DOGE ETF with ticker DOJE, would give investors exposure to Dogecoin’s price movements. Investors would not need to directly purchase the cryptocurrency token.

The ETF would invest at least 80% of its assets in Dogecoin or related financial instruments. These include direct holdings, futures contracts, and swaps that track DOGE’s performance.

The fund may also hold Treasury securities or cash equivalents to support daily operations. REX-Osprey has experience converting crypto products, having recently restructured its Solana Staking ETF for tax efficiency.

The filing comes as memecoins attract fresh interest from both retail and institutional investors. Asset managers continue pushing for crypto funds that comply with U.S. regulatory frameworks.

Current market data shows Dogecoin trading at $0.22060, up 2.68% on the day. The token has gained nearly 11% over the past month.

Dogecoin (DOGE) Price
Dogecoin (DOGE) Price

Over the past year, DOGE has risen more than 122% despite being down 30% year-to-date. The cryptocurrency remains 54% below its all-time high price.

Technical Analysis Points to Potential Breakout

Technical analysts are watching Dogecoin’s chart patterns for signs of the next major price move. Trader analysis reveals a bullish structure forming on weekly timeframes.

The pattern shows higher highs and higher lows developing over recent months. This classic formation often precedes explosive price rallies in cryptocurrency markets.

Dogecoin is currently holding above its uptrend support line around $0.217. The consolidation phase mirrors previous setups that led to significant price increases.

Immediate resistance levels sit at $0.243, followed by the more substantial $0.495 target. A clean break above these zones could trigger much higher prices.

The downside risk appears limited as long as the $0.20 support zone holds firm. Maintaining the higher-low pattern remains crucial for the bullish outlook.

ETF Filing Faces Regulatory Review Process

The SEC filing indicates the Dogecoin ETF has no operating history for performance predictions. The proposal represents growing efforts to integrate cryptocurrency into mainstream finance.

REX-Osprey previously partnered on Solana-based products and now seeks to expand with Dogecoin offerings. The company’s track record could help the approval process.

The filing warns that crypto tax policy remains unclear and could impact investment returns. Unexpected policy changes might affect wallets, exchanges, or mining operations.

Market volatility continues to present risks for any crypto-based investment product. The SEC will review the filing over the coming weeks before making an approval decision.

The Dogecoin community remains patient while waiting for the next major price movement. Many investors believe another rally is building based on current technical patterns.

The post Dogecoin (DOGE): First U.S. ETF Filing Sparks Rally as Chart Turns Bullish appeared first on CoinCentral.

Also read: C’est officiel, cette actrice de Game Of Thrones devient la nouvelle Lara Croft
WHAT'S YOUR OPINION?
Related News