REX Shares is taking the same regulatory route for its Dogecoin ETF as it did to get its Solana staking ETF over the line.
The first Dogecoin exchange-traded fund could launch in the United States as early as next week, according to Bloomberg analyst Eric Balchunas.
“Looks like Rex is going to launch a Doge ETF via the 40 Act a la $SSK next week based on below tweet combined w how they just filed an effective prospectus,” Balchunas said in an X post on Thursday, pointing to exchange-traded fund (ETF) issuer REX Shares filing a prospectus with the US Securities and Exchange Commission.
In the prospectus filing, REX warned that “DOGE is a relatively new innovation and is subject to unique and substantial risks. The market for DOGE is subject to rapid price swings, changes and uncertainty.”
