DOGECOIN ETF TO LAUNCH THIS WEEK

Summary from the TLDR Crypto newsletter

The Rex Shares-Osprey Dogecoin ETF (DOJE) could debut Thursday, potentially becoming the first US ETF centered on a memecoin. There have been multiple delays. Bloomberg ETF analysts Eric Balchunas and James Seyffart say Thursday is the most likely launch date, although they have cautioned that nothing is certain. DOJE will offer futures-based exposure to DOGE via a Cayman subsidiary rather than direct token ownership, structured more like a mutual fund under the Investment Company Act of 1940 rather than the Securities Act framework used for bitcoin ETFs. Several firms have already filed applications for spot DOGE ETFs that would hold the actual token, currently under SEC review. DOGE has outperformed over the past month with 15% gains ahead of the potential ETF debut.