The cryptocurrency landscape is buzzing with anticipation as Santiment analyst Brian Q. makes compelling predictions concerning the upcoming REX-Osprey exchange-traded fund (ETF) focused on Dogecoin. In an insightful analysis, he asserts that REX Shares and Osprey Funds have a strong likelihood—93%, to be exact—of receiving approval to launch their innovative REX-Osprey Dogecoin ETF, denoted by the ticker symbol $DOJE, in the coming week. This forecast carries significant implications for both crypto enthusiasts and traditional investors alike.
There is a reported 93% likelihood that the first Dogecoin ETF will be confirmed this week. Our latest insight breaks down how whales are behaving on this news, and how retail FOMO can and will impact an approval rally.
https://t.co/vNnl5hjg8I pic.twitter.com/mz9OJEb6t4
— Santiment (@santimentfeed) September 9, 2025
Should this ETF gain approval, it promises to pave the way for Dogecoin—a cryptocurrency originally created as a joke but now boasting a serious market presence—into mainstream financial markets. Currently trading at approximately $0.24, Dogecoin has a significant market cap of $36.31 billion and daily trading activity hovering around $3.58 billion. Analysts believe that the launch of the $DOJE ETF could induce a bullish wave of enthusiasm, propelling Dogecoin’s value even higher.
The REX-Osprey Shortcut
Brian Q.’s analysis sheds light on the innovative pathways that REX Shares and Osprey Funds have discovered for securing faster regulatory approval for their crypto-based investment products. The key to this expedited process lies in the “40 Act,” referring to the U.S. Investment Company Act of 1940. This regulation is designed to protect investors by requiring financial disclosures and limiting the activities of investment companies, ensuring they don’t engage in excessive borrowing or risk-taking.
The companies have already successfully navigated this approval route with another crypto ETF focused on Solana, known as the $SSK. This prior success has reportedly attracted about $195 million in net inflows, indicating a growing appetite for innovative crypto investment solutions.
A Struggling Crypto ETF Market
Despite these promising developments, the broader crypto ETF market has faced challenges in recent weeks, marred by significant consolidations and selloffs. Data from Farside shows that, as of September 8, U.S.-based spot Ethereum ETFs experienced their sixth consecutive net outflow, amounting to roughly $96.7 million. Likewise, spot Bitcoin funds saw an outflow exceeding $380 million during the early September downturn, although a partial recovery was noted with a $364.3 million inflow on September 8.
Overall, the crypto market cap remains below the $4 trillion threshold, a stark reminder of the volatility and unpredictability that characterize this space. Despite major cryptocurrencies like Bitcoin, Ethereum, and numerous altcoins exhibiting notable selloffs in recent weeks, the anticipated approval of the $DOJE ETF brings a glimmer of hope for retail investors and cryptocurrency advocates.
As the potential approval date approaches, all eyes will be on how market players—especially large investors termed “whales”—are positioning themselves in anticipation of an approval rally. Furthermore, the excitement surrounding retail investor sentiment may amplify the effects of any bullish momentum. The dynamics of the cryptocurrency market are fluid, and this upcoming ETF decision could be a pivotal moment for Dogecoin and digital asset investment as a whole.
