The cryptocurrency market is buzzing with excitement following the filing of REX-Osprey’s U.S. Dogecoin exchange-traded fund (ETF) application. This landmark move has sent DOGE prices soaring, and experts believe this could be a turning point for memecoins. REX-Osprey aims to offer investors access to Dogecoin through both direct and derivative investments, potentially unlocking significant market impact. 80% of the ETF will likely be allocated to DOGE itself and related instruments, causing a surge in trading volume as the crypto community reacts. This proposal is generating widespread interest and could have profound implications for the broader cryptocurrency sector, especially the memecoin space. Like the Solana Staking ETF, this Dogecoin ETF has the potential to create similar trading activity and liquidity boosts. Market analysts are closely watching the progress of REX-Osprey’s application and its potential effects on asset prices.