Dogecoin ETF's Achievement Indicates Altcoins Are Gaining Traction in Traditional Financial Markets

The introduction of the REX-Osprey

ETF (DOJE) on September 18, 2025, represented a significant milestone for (DOGE) and the overall digital asset sector. As the first ETF in the United States to directly track Dogecoin’s spot price, saw $6 million in trading volume during its initial hour—far surpassing expert expectations. This opening performance was notably stronger than that of most new ETFs, which typically see under $1 million on launch day Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ]. The surge in both institutional and retail activity highlighted increased mainstream interest in altcoins through regulated financial products, with Dogecoin’s price climbing 8% in the 24 hours after trading began Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ].

DOJE is organized under the Investment Company Act of 1940, setting it apart from most crypto ETFs. Rather than following the Securities Act of 1933, DOJE directly holds Dogecoin via a Cayman Islands subsidiary, providing a more efficient regulatory structure. Together with the SEC’s recent move to streamline crypto ETF listings, this setup has reduced the typical waiting period from application to launch to just 75 days Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ]. These new rules allow major platforms like Nasdaq and Cboe BZX to rapidly list crypto spot ETFs, eliminating the need for individual case evaluations and increasing access to digital asset investments Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ].

The strong launch of the DOJE ETF is part of a larger pattern of institutional capital entering altcoins.

, a company traded on public markets, has acquired 600 million DOGE—valued at $170 million—and aims to own up to 5% of the total Dogecoin supply. This kind of corporate participation, coupled with the ETF’s regulatory legitimacy, has helped establish Dogecoin as a more widely accepted asset. Experts observe that DOJE’s early results are reminiscent of the and ETFs, which have attracted inflows exceeding $57 billion since their rollout in 2024. With more Dogecoin ETF applications from Grayscale and Bitwise awaiting approval, the market expects additional institutional investment by October 17 Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ].

Industry observers have also pointed out the strategic advantages of DOJE’s operational structure. By utilizing the 1940 Act, REX-Osprey is paving the way for future altcoin ETFs, which could speed up the introduction of funds based on assets such as

(SOL) and . The company’s earlier achievement with the REX-Osprey + Staking ETF (SSK), now managing $275 million in assets, shows the potential of hybrid models that blend spot holdings and staking incentives. SSK’s recent conversion to a Regulated Investment Company (RIC) structure also brings more favorable tax conditions for investors, adding to the appeal of ETFs rooted in cryptocurrency.

The launch of the DOJE ETF has also changed how investors view Dogecoin’s risk profile. Although often labeled a “meme coin,” Dogecoin’s entry into a regulated ETF has attracted institutional money that previously focused only on Bitcoin and Ethereum. Bloomberg’s Senior ETF Analyst Eric Balchunas remarked that DOJE’s first-hour trading “unexpectedly confirmed” investor appetite—signaling that institutions are beginning to treat Dogecoin as a legitimate, tradeable asset rather than just a speculative craze Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast with $6M Debut [ 2 ]. This evolving perspective reflects wider industry developments, as the SEC’s more defined guidelines have sparked a wave of new crypto investment products, including the simultaneous debut of the REX-Osprey XRP ETF (XRPR), which reached $24 million in trading within two hours REX-Osprey™ Launches First U.S.-Listed ETFs to offer Exposure to Spot Dogecoin and Spot XRP [ 1 ].