The first U.S.-based Dogecoin ETF, the REX-Osprey Dogecoin ETF (ticker: $DOJE), has gone live today, September 11, 2025. It was approved under the Investment Company Act of 1940, which allowed it to bypass the standard SEC spot ETF approval process used for filings like those from Bitwise and Grayscale (those are still pending, with decisions delayed until November 2025). This marks the inaugural ETF dedicated to a memecoin, providing regulated exposure to Dogecoin through traditional brokerage accounts. The launch has sparked some market optimism, with Dogecoin's price up about 20% over the past week amid anticipation, though it hasn't surged as dramatically as some expected. Analysts note this could boost institutional interest and liquidity for Dogecoin long-term, potentially driving further gains for meme coins overall. Other Dogecoin ETF proposals remain in review, but $DOJE is the pioneer.