Dogecoin climbed after reviews stated the primary US Dogecoin ETF received approval, though its buying and selling debut was pushed again. Merchants piled in anyway, sending quantity larger and sparking discuss throughout exchanges and social channels. The memecoin’s bounce got here amid combined indicators about timing.
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ETF Approval And Pushback
Based mostly on reviews, the REX-Osprey Dogecoin ETF, ticker DOJE, obtained regulatory approval beneath the Funding Firm Act of 1940. The fund had been anticipated to start buying and selling round September 18, 2025, however issuers later introduced a delay to a brand new date.
In line with filings and press briefings, sponsors stated they might set a revised itemizing date after ending required steps. That transfer modified the calendar for traders who had been planning trades across the earlier goal.
Value Snapshot And Market Measurement
In line with figures from Coingecko, Dogecoin traded at $0.26 per coin after the information broke. Reported 24-hour quantity topped $4 billion, and market capitalization sat round $39–40 billion. DOGE was up 5% and 21% within the 24-hour and seven-day timeframes.
Replace Half 3: One other delay. Launching subsequent week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E
— Eric Balchunas (@EricBalchunas) September 11, 2025
Technical watchers pointed to a pennant breakout sample. Some analysts talked about targets within the $0.28–$0.30 vary if momentum holds. Merchants closed some quick positions and added lengthy publicity through the session.
Market Response And Flows
Experiences have disclosed that some massive holders elevated accumulation whereas retail merchants chased momentum on social platforms. Choices desks confirmed an increase in exercise, and order books tightened on a number of main exchanges.
On the identical time, flows into crypto funds have been being watched carefully by market makers, who stated early demand may decide whether or not the worth transfer sticks. Quantity spikes have been sharp however temporary in elements of the buying and selling day.
Group Response And Criticism
Supporters welcomed simpler, regulated entry to DOGE by way of an ETF car. Critics pushed again, warning that packaging a memecoin right into a mainstream fund dangers channeling extra speculative money right into a product with no conventional utility.
Based mostly on market chatter, commentators raised questions on disclosure, buying and selling guidelines, and whether or not retail traders absolutely understood the product’s dangers. Public response break up between pleasure and warning.
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What To Watch Subsequent
Traders can be watching the sponsors’ new itemizing date, the fund’s first filings, and early inflows when the debut lastly happens. Order books, choices open curiosity, and quick curiosity are key early indicators.
If the fund attracts robust inflows, Dogecoin may keep bid and push towards the $0.28–$0.30 targets some merchants cite. If curiosity fades, good points may very well be examined shortly.
This stays a growing story. Market contributors ought to examine stay costs, official filings, and sponsor statements earlier than buying and selling.
Featured picture from Pixabay, chart from TradingView
