Recently, the cryptocurrency market welcomed a major announcement: the first Dogecoin (DOGE) ETF in the United States has been approved by regulators and is expected to officially launch trading on September 18, 2025, on an American exchange. The approval of this product named REX-Osprey Doge ETF (trading code: DOJE) marks a significant breakthrough for DOGE in the mainstream financial market.

This news quickly caused a strong reaction in the market. The price of DOGE saw a significant increase in a short period, rising by 7-17%, while trading volume surged by 123%. This market response fully reflects investors' optimistic expectations for the future development of DOGE.

It is worth noting that the price of DOGE began to rise even before the approval of the ETF. Starting from $0.21, it climbed all the way to $0.299, a surge that can largely be attributed to market expectations for the DOGE ETF.

However, the approval of the REX-Osprey Doge ETF is just the beginning of DOGE's development in the ETF sector. Currently, several institutions have submitted applications for DOGE ETFs to regulatory authorities, and these applications are under review. If these applications are also approved, it will bring more market opportunities and liquidity for DOGE.

For cryptocurrency investors, this is undoubtedly exciting news. The launch of the DOGE ETF not only provides traditional investors with a more convenient and compliant way to invest in DOGE, but also paves the way for DOGE to gain recognition in the broader financial markets.

However, we should also remain rational. Although the approval of the ETF is a positive signal, the cryptocurrency market still has high volatility and uncertainty. Investors must carefully assess risks and conduct thorough market research when making investment decisions.

As more DOGE ETFs may be approved in the future, we can expect DOGE to continue attracting more attention and investment. This cryptocurrency, once regarded as a "joke", is gradually maturing and becoming mainstream. How DOGE's development trajectory will unfold in the future remains to be seen.