REX-Osprey Doge ETF USD Price

The REX-Osprey Doge ETF is a proposed exchange-traded fund by asset managers Osprey Funds and Rex Shares. They filed a registration statement with the U.S. Securities and Exchange Commission to list ETFs tracking multiple cryptocurrencies, including Dogecoin. This filing was part of a broader effort to introduce seven cryptocurrency-based ETFs, including ones for Bitcoin, Ethereum, Solana, XRP, BONK, and TRUMP.

The REX-Osprey Doge ETF is structured under the Investment Company Act of 1940, which is similar to how crypto futures ETFs are structured. This approach involves holding a combination of derivatives and the assets themselves under a Cayman Islands subsidiary. The proposal reflects a growing interest in memecoins like Dogecoin and the potential for these assets to be included in regulated investment products.