Dogecoin surges despite ETF launch delay to new date

The first Dogecoin exchange-traded fund (ETF) has again been delayed and this time, it looks like the launch date has been delayed to next Thursday, i.e., Sep. 18.

Bloomberg ETF Analyst Eric Balchunas shared on X that the DOGE ETF (DOJE), introduced jointly by REX and Osprey, faces another delay and will launch next week. "Prob Thur."

As reported earlier, Balchunas had indicated that the DOGE ETF is scheduled to launch on Sep. 11; he later dropped the Sep. 12 date for the launch. And now, it has been pushed to the next week.

Related: What are meme coins? Explained

For those unaware, Dogecoin is the first meme coin. It is a type of cryptocurrency that began as a joke on the burgeoning crypto assets like Bitcoin. But the crypto community's love has turned DOGE into the world's eighth-largest cryptocurrency by market cap.Jackson Palmer, co-founder of Dogecoin, stands for a photograph after a Bloomberg Technology television interview in San Francisco, California, U.S., on Monday, Jan. 22, 2018. Dogecoin started as a joke, based on grammatically-challenged shiba inu memes, poking fun at the rise of cryptocurrencies in 2013. But in 2018 that joke turned into a serious $2 billion market cap as investors didn't care.

Created by software engineers Billy Markus and Jackson Palmer, DOGE was launched in December 2013 — four years after Bitcoin's launch in 2009. While it was nothing more than a prank, the likes of Elon Musk found the meme coin to be fascinating

Now, even retail traders can gain exposure to DOGE, thanks to the upcoming DOJE fund.

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Meanwhile, Dogecoin has climbed more than 5% within the last 24 hours and it was trading at $0.2631 at the time of writing, as per Kraken's price feed.

It seems the ETF's delay hasn't dampened the spirit. In fact, the meme coin has rallied more than 20% over the past week in anticipation of the fund's debut.

This story was originally reported by TheStreet on Sep 12, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.

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