REX and Osprey to List US Dogecoin ETF Thursday
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REX Shares and Osprey Funds are poised to win the race to launch the first US Dogecoin ETF. Their fund, DOJE, is expected to debut this Thursday.
This launch sidelines competing proposals, including one from Bitwise, which the SEC delayed for a decision on Tuesday.
The DOJE ETF leveraged the Investment Company Act of 1940 to gain approval, a different tactic than the one used for spot Bitcoin ETFs. The fund will hold its Dogecoin assets in a Cayman Islands subsidiary, according to its prospectus.
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