Dogecoin looks set to join the ETF era this week, with the Rex-Osprey DOGE ETF ($DOJE) expected to debut in U.S. markets under the Investment Company Act of 1940.

Dogecoin看起来将在本周加入ETF时代，根据1940年的《投资公司法》，Rex-Osprey Doge ETF（$ DOJE）预计将在美国市场上首次亮相。

The launch would marks the first U.S. exchange-traded fund built around a token with no intended utility beyond speculation and culture, Bloomberg senior analyst Eric Balchunas, who flagged the launch, said in an X post.

彭博社高级分析师埃里克·巴尔库纳斯（Eric Balchunas）在X帖子中说，该发布将标志着美国交易所交易的第一家基金围绕一个令牌建立的，没有预期的猜测和文化。

The product, distributed by Foreside Fund Services, is backed by REX Shares and Osprey Funds, the same team that brought a Solana staking ETF ($SSK) to market earlier this year. Traders expect heightened volatility in the weeks ahead, with DOGE already trading up 17% in the past week on expectations of the forthcoming launch.

该产品由Foreside Fund Services分发，得到了Rex股票和Osprey Funds的支持，Rex股票和Osprey Funds是今年早些时候将Solana Staking ETF（$ SSK）推向市场的团队。交易者预计在未来几周内波动性会提高，由于预期即将推出的期望，在过去一周中，Doge已经增长了17％。

Jordan Jefferson, CEO of DogeOS and MyDoge, called the ETF a watershed in a note to CoinDesk.

Dogeos和Mydoge的首席执行官Jordan Jefferson将ETF称为Coindesk的纸条。

“Dogecoin started as a joke, and now Wall Street finally gets it. The ETF approval proves that institutional investors recognize the real value in community, culture, and accessibility," he said. "When pension funds are buying the asset that started as a joke, you know we’ve reached a unique moment in financial history."

他说：“ Dogecoin最初是个玩笑，现在华尔街终于得到了。ETF批准证明，机构投资者认识到社区，文化和可及性的真正价值。” “当养老基金以开玩笑开始的资产时，您知道我们已经在财务历史上达到了独特的时刻。”

"Institutional capital flowing into DOGE provides new liquidity and stability while the Dogecoin ecosystem continues expanding with apps, games, and utility through DogeOS. The combination of Wall Street investment and grassroots community creates a foundation for sustained growth that few assets can match," Peterson added.

Peterson补充说：“流入Doge的机构资本可提供新的流动性和稳定性，而Dogecoin生态系统通过Dogeos继续扩展随应用，游戏和公用事业的扩展。华尔街投资和基层社区的结合为持续增长的基础提供了基础，很少有资产可以匹配。”

The DOGE ETF also comes as other memecoin products push for SEC approval. Canary Capital Group recently filed for a spot ETF tied to TRUMP Coin, a Solana-based token linked to President Donald Trump.

Doge ETF也随着其他Memecoin产品推动SEC批准而出现。 Canary Capital Group最近申请了与与唐纳德·特朗普总统有关的索拉纳代币特朗普硬币绑定的现场ETF。

A wave of 1933 Act filings remains pending with the agency, while $DOJE will slip through under the 40 Act structure already used by $SSK.

1933年的ACT文件仍在该机构中待定，而$ DOJE将通过$ SSK已经使用的40条ACT结构下滑。

Market participants will watch closely to see whether inflows into DOGE ETFs expand the memecoin trade into regulated products, or whether liquidity remains concentrated on centralized exchanges.

市场参与者将密切关注，以查看Doge ETF的流入是否将Memecoin贸易扩展到受监管的产品中，或者流动性仍然集中在集中交易所。

Either way, the listing is indicative of how cultural tokens are moving into mainstream financial wrappers — an institutionalization of memecoins few would have anticipated even a short time ago.

无论哪种方式，清单都表明文化代币是如何进入主流金融包装纸的 - 纪念物的制度化甚至很短的时间前会预料到。