Brace yourselves, crypto fans! According to Brian Q., a Santiment analyst with a flair for bold predictions (and perhaps a bit too much optimism), there’s a jaw-dropping 93% chance that the Rex-Osprey Dogecoin ETF will get the green light this week. That’s right, folks-Dogecoin might just make its way into your portfolio via a fancy ETF called $DOJE. Who knew a meme coin could be so professional?
📊🐶 According to the latest intel, there’s a whopping 93% chance that the first Dogecoin ETF will be confirmed this week. So, get ready for a wild ride, retail traders, because FOMO is coming for you!👇
– Santiment (@santimentfeed) September 9, 2025
Now, what does this mean for all those who haven’t yet embraced the dog-themed revolution? Simple: DOGE will be available to U.S.-based crypto fans in a more “official” form, and traditional finance folks will get their hands on it too-without actually having to understand what a “doge” is.
At this very moment, DOGE is up 4% in the past 24 hours and is sitting comfortably at $0.24. I mean, it’s practically the stock equivalent of that one friend who always brings snacks to the party. Its market cap is at $36.4 billion, with a daily trading volume of $3.8 billion. Yes, billion with a “B.”
So, what’s next? Well, the $DOJE ETF is poised to trigger a bullish rally for Dogecoin. If you haven’t yet invested in DOGE, don’t worry, you’ll have plenty of company soon. Let’s all ride this meme coin wave together, shall we?
The REX-Osprey Shortcut
Now, in case you’re wondering how REX Shares and Osprey Funds managed to skip the line to approval, let me introduce you to their secret weapon: the “40 Act.” No, this isn’t some mysterious crypto terminology, but a regulation from the US Investment Company Act of 1940. It’s like the rulebook that makes sure all the investment companies don’t go on a borrowing spree just because they feel like it. So, essentially, it’s like crypto’s version of a seatbelt. Safety first!
And guess what? This isn’t their first rodeo. They’ve already scored approval for a Solana ETF, known as $SSK, which has pulled in a respectable $195 million in net inflows. If that’s not a sign of success, I don’t know what is.
The Struggles of Crypto ETFs
But, hold your horses! Not all crypto-related ETFs are having a good time. In fact, the market has been struggling a bit lately, with some major consolidations and sell-offs. It’s like the crypto market is going through a breakup with itself-awkward and a little bit painful.
According to Farside data, Ethereum ETFs in the U.S. have seen their sixth consecutive net outflow, totaling $96.7 million. Ouch. As for Bitcoin ETFs? They ended the past week with a dramatic $380 million in outflows, only to claw back $364.3 million in inflows. The crypto market’s emotional rollercoaster continues, folks.
So, what’s the state of the crypto market right now? Well, it’s still hovering just under the $4 trillion mark. BTC, ETH, and most altcoins have experienced a lot of selling pressure over the past two weeks. Don’t worry, though-these things tend to bounce back. Just be sure to keep your seatbelt fastened.
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2025-09-09 12:18