DOJE Memecoin ETF to Launch on Thursday as Regulatory Delays Persist

The first U.S. memecoin Exchange-Traded Fund (ETF), DOJE, is set to launch this Thursday, marking a significant step in the regulatory landscape for cryptocurrency products. This innovation, launched by REX Shares and Osprey Funds, will provide investors exposure to Dogecoin through a Cayman Islands subsidiary structure. Despite its initial success, the ETF’s launch coincides with ongoing regulatory delays on numerous other crypto ETF filings, including Bitwise’s proposal for a Dogecoin ETF and Grayscale’s Hedera ETF. These delays highlight the evolving nature of digital asset regulations.