Analyst: There’s 93% Chance for Dogecoin ETF Approval This Week

Santiment analyst Brian Q. shared a bold prediction for the upcoming crypto-related Rex-Osprey exchange-traded fund.

Brian wrote in an analysis for Santiment that REX Shares and Osprey Funds will likely get the approval to launch their REX-Osprey Dogecoin DOGE $0.24 24h volatility: 3.0% Market cap: $36.33 B Vol. 24h: $3.48 B ETF, with the $DOJE ticker, very soon. He claimed that there’s a 93% chance of confirmation this week.

📊🐶 There is a reported 93% likelihood that the first Dogecoin ETF will be confirmed this week. Our latest insight breaks down how whales are behaving on this news, and how retail FOMO can and will impact an approval rally. 👇https://t.co/vNnl5hjg8I pic.twitter.com/mz9OJEb6t4

— Santiment (@santimentfeed) September 9, 2025

This will not only bring DOGE to the US-based cryptocurrency fans but also allow traditional finance investors to gain exposure to the leading meme coin in the market.

DOGE is up 4% in 24 hours and is currently trading at $0.24. The dog-themed asset has a market cap of $36.4 billion with a daily trading volume of $3.8 billion.

The $DOJE ETF is expected to trigger bullish momentum for the meme coin.

The REX-Osprey Shortcut

According to the analyst, REX Shares and Osprey Funds have found a “faster approval route” for their crypto-based investment products.

It’s called the “40 Act.” As the name suggests, the regulation refers to the US Investment Company Act of 1940, which limits the activities of investment companies by requiring disclosure of information about their structure and operations, excessive borrowing, for example, to protect the investors.

The company has already got the approval for a Solana SOL $219.2 24h volatility: 4.9% Market cap: $118.79 B Vol. 24h: $11.11 B ETF, called the $SSK. The investment product has already brought $195 million in net inflows, according to Farside Investors.

A Struggling Crypto ETF Market

The crypto-related ETF market has been struggling over the past week due to increasing consolidations and selloffs.

Farside data shows that US-based spot Ethereum ETH $4 362 24h volatility: 1.5% Market cap: $526.53 B Vol. 24h: $31.36 B ETFs recorded their sixth consecutive net outflow on Sept. 8, worth $96.7 million. Spot Bitcoin BTC $113 055 24h volatility: 1.3% Market cap: $2.25 T Vol. 24h: $42.14 B funds ended last week with over $380 million in outflows on Sept. 4 and 5, but gained $364.3 million in inflows on Sept. 8.

The crypto market cap is still hovering below the $4 trillion mark as leading assets, like BTC, ETH, and most of the altcoins, recorded notable selloffs over the past two weeks.

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