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REX Seeks First US-Listed ETF for Dogecoin Exposure
A public company linked to high-profile legal counsel Alex Spiro is reportedly leading a $200 million vehicle aimed at investing in Dogecoin. If approved, the REX fund would mark the first US-listed exchange-traded fund offering direct exposure to Dogecoin, the meme coin that evolved into a mainstream crypto cultural phenomenon.
SEC Review: 92 Crypto ETF Applications Under Consideration
Regulatory attention is intensifying as the US Securities and Exchange Commission currently reviews 92 crypto ETF applications, according to Bloomberg Intelligence analyst James Seyffart. A spreadsheet published on August 28 indicates many filings, particularly those tied to Solana, XRP, and Litecoin, are expected to face final rulings by October.
Altcoins Move Into the Spotlight
Solana and XRP lead the rush for altcoin-focused ETFs, with eight and seven pending applications respectively. After Bitcoin and Ethereum, these altcoins are now the most targeted assets for institutional ETF sponsors, reflecting growing demand for diversified crypto investment products.
Institutional Interest and Market Flows
The number of pending ETF filings has surged from 72 in April to 92 in August, highlighting rising institutional interest and increased regulatory engagement. Digital asset investment products also saw renewed investor demand last week, recording $2.48 billion in inflows. That push lifted August inflows to $4.37 billion and brought year-to-date net inflows to $35.5 billion.
What This Means for Crypto Markets
An approved Dogecoin ETF would expand retail and institutional pathways into meme coins and altcoins, potentially channeling fresh capital into the broader crypto market. With many ETF decisions expected by October, traders and asset managers will be watching the SEC closely for signals that could shape capital allocation across Bitcoin, Ethereum, and emerging altcoin ETFs.
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