Dogecoin ETF Hits Record Trading Volume on Launch Day

The Dogecoin ETF, known as DOJE, launched on September 18, 2025. Its debut was marked by an outstanding trading volume, reportedly six times the usual ETF average, drawing significant attention from institutional investors. Rex Shares and Osprey Funds are behind this launch, having gained SEC approval after a thorough review.

Rex Shares and Osprey Funds lead this historical milestone, registering the first U.S.-listed Dogecoin ETF. The launch has fueled volatility and broadened the digital asset's mainstream acceptance. Despite this, official statements from critical leadership figures remain scarce.

The initial effects of the launch have been profound, with over 280 million DOGE acquired by prominent holders on day one. Consequently, the price of DOGE witnessed a sharp rise, with other cryptocurrencies such as BTC, ETH, and memecoins seeing similar uptrends.

The ETF's approval has fostered a windfall in digital finance, enhancing liquidity and trading engagement. Dogecoin’s market cap rose, underlining heightened speculation and investment inflows. The feedback from the broader community reveals curiosity and optimistic sentiment surrounding DOJE’s potential.

As of now, there are no primary commentary sources directly from Dogecoin leadership or influential institutional executives regarding the launch of the Dogecoin ETF (DOJE) or its day-one trading performance.

Historically, comparable ETF launches for Bitcoin sparked similar market phenomena, with early price surges often leading to retracements. This pattern suggests caution and careful market monitoring to manage associated risks. The Dogecoin ETF might follow this historical precedent.