DOGE ETF Buzz, WLFI Public Debut, and Crypto News: A Wild Week in Crypto

A look at the week's biggest crypto stories, including the potential DOGE ETF, WLFI's public launch, and regulatory shifts.

DOGE ETF Buzz, WLFI Public Debut, and Crypto News: A Wild Week in Crypto

Hold on to your hats, crypto enthusiasts! The past week has been a whirlwind of activity, from potential meme coin ETFs to surprising regulatory developments. Let's dive into the most exciting headlines.

Dogecoin ETF: Is This Really Happening?

The big news: a Dogecoin ETF might be closer than we thought! Rex Osprey filed a prospectus for the REX-Osprey DOGE ETF ($DOJE), potentially speeding up the approval process. The launch could be as early as September 9, 2025. This ETF aims to democratize memecoin exposure, bridging the gap between speculative crypto assets and traditional financial markets.

This regulatory agility is achieved through the Investment Company Act of 1940, bypassing the usual 19b-4 rule change process. The fund will hold at least 80% of its assets in Dogecoin or related instruments, while using a Cayman Islands subsidiary to comply with US tax regulations.

WLFI's Explosive Public Debut

World Liberty Financial (WLFI), backed by Trump, made a splashy entrance into the public market. The project reached a $7.4 billion market cap shortly after launch, making it a top cryptocurrency project. However, WLFI also made headlines by freezing advisor Justin Sun's tokens, sending the token price rebounding.

Regulatory Shifts and Market Trends

The SEC and CFTC are considering a "24/7 Markets" policy, potentially aligning Wall Street with the crypto world's always-on trading. A Senate draft bill is also looking to redefine crypto rules, potentially easing restrictions on staking and DeFi platforms.

Nasdaq is tightening oversight of companies using crypto assets, requiring more detailed disclosures. Japan's Financial Services Agency is proposing securities-style rules for crypto, aiming for stronger investor protection.

My Take: Memes Meet Wall Street?

A Dogecoin ETF? It sounds crazy, but it shows how far crypto has come. While the double taxation due to the C-corporation structure might deter some investors, this ETF could actually stabilize DOGE's price volatility, making it more attractive to risk-averse investors. This could be a game changer. The WLFI debut also underscores the growing intersection of politics and crypto.

Looking Ahead

With clearer regulations on the horizon and the potential for stablecoins to go mainstream, the crypto space is showing no signs of slowing down. Keep your eyes peeled, because the next week is sure to bring even more surprises.

So, buckle up, crypto fam! It's gonna be a wild ride!