Dogecoin Defies Odds, Jumps 21% Even As ETF Debut | Crypto News
Dogecoin climbed after experiences said the first US Dogecoin ETF gained approval, even though its trading debut was pushed back. Traders piled in anyway, sending quantity greater and sparking speak across exchanges and social channels. The memecoin’s bounce got here amid combined indicators about timing.
ETF Approval And Pushback
Based on experiences, the REX-Osprey Dogecoin ETF, ticker DOJE, obtained regulatory approval under the Investment Company Act of 1940. The fund had been anticipated to start trading around September 18, 2025, but issuers later announced a delay to a new date.
According to filings and press briefings, sponsors said they’d set a revised itemizing date after ending required steps. That transfer modified the calendar for traders who had been planning trades around the earlier goal.
Price Snapshot And Market Size
According to figures from Coingecko, Dogecoin traded at $0.26 per coin after the news broke. Reported 24-hour quantity topped $4 billion, and market capitalization sat around $39–40 billion. DOGE was up 5% and 21% in the 24-hour and seven-day timeframes.
Update Part 3: Another delay. Launching next 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 in the $0.28–$0.30 vary if momentum holds. Traders closed some short positions and added long publicity during the session.
Market Reaction And Flows
Reports have disclosed that some large holders elevated accumulation while retail merchants chased momentum on social platforms. Options desks confirmed a rise in exercise, and order books tightened on a number of major exchanges.
At the same time, flows into crypto funds had been being watched carefully by market makers, who said early demand may decide whether or not the price transfer sticks. Volume spikes had been sharp but transient in components of the trading day.
Community Response And Criticism
Supporters welcomed simpler, regulated access to DOGE through an ETF vehicle. Critics pushed back, warning that packaging a memecoin into a mainstream fund dangers channeling more speculative money into a product with no conventional utility.
Based on market chatter, commentators raised questions about disclosure, trading guidelines, and whether or not retail traders absolutely understood the product’s dangers. Public response break up between pleasure and warning.
What To Watch Next
Investors will probably be watching the sponsors’ new itemizing date, the fund’s first filings, and early inflows when the debut finally happens. Order books, choices open curiosity, and short curiosity are key early indicators.
If the fund attracts strong inflows, Dogecoin may keep bid and push toward the $0.28–$0.30 targets some merchants cite. If curiosity fades, positive aspects might be examined shortly.
This stays a developing story. Market individuals ought to verify live costs, official filings, and sponsor statements before trading.
Featured image from Pixabay, chart from TradingView
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