Dogecoin ETF DOJE to Launch in US on September 11, 2025

The Dogecoin exchange-traded fund (ETF), ticker DOJE, will begin trading in the US on September 11, 2025. Launched by REX-Osprey, it offers US investors a regulated path to DOGE exposure without direct holdings.

Eric Balchunas, Bloomberg senior ETF analyst, noted the fund holds an asset with "no utility on purpose" and challenged supporters to identify real-world uses for Dogecoin.
Despite community claims of limited payment and merchant tests, DOGE is often seen as a token driven by speculation and culture.
DOJE is structured under the Investment Company Act of 1940 rather than the Securities Act of 1933, which has attracted scrutiny.
Investors generally seek assets with tangible utility like payment functions or governance roles for sustained demand.
The unique legal route chosen for DOJE poses different compliance and custody implications, attracting market attention.

Brand recognition and liquidity might maintain interest when markets are favorable, but questions about utility remain pivotal for investor consideration.