September 18, REX-Osprey’s DOGE ETF called $DOJE, went live and surpassed all expectations, triggering a rally for Dogecoin (DOGE) and his sister, NEIRO.
This is the first DOGE ETF based in the US.
More DOGE ETFs are reportedly expected to hit the market next month.
DOJE Hits $6 Million in Volume in 1st Trading Hour
Earlier today, Bloomberg analyst Eric Balchunas announced via an X post that his over/under prediction got “destroyed” in the first hour of DOJE’s trading.
The crypto product posted almost $6 million in volume one hour after it was launched. Balchunas said that most ETFs trade under $1 million on their first day.
Previously, he had predicted that DOJE would reach $2.5 million in volume on its first day.
My over/under got destroyed in the first hour of trading as $DOJE already posting nearly $6m in volume. That’s shockingly solid.. Most ETFs trade under $1m on Day One. https://t.co/wjAIowq7NW pic.twitter.com/7z22WIKPy0
— Eric Balchunas (@EricBalchunas) September 18, 2025
Today, REX-Osprey was also expected to launch an XRP ETF.
DOGE and his sister, NEIRO’s prices reacted to this huge success, continuing their upward trajectories that debuted earlier before the crypto product’s launch.
DOGE and NEIRO Price Actions on September 18
At the moment of writing this article, DOGE is trading above $0.28, with a market cap of over $42.88 billion, up by approximately 7% in the past 24 hours.
The digital asset’s price surge debuted this morning ahead of the ETF launch.
NEIRO, which was previously known as the First Neiro on Ethereum, also recorded an ascendant trajectory today. At the moment of writing this article, NEIRO is trading above $0.00037, with a market cap of over $158 million, up by about 7% in the past 24 hours.
NEIRO also started its upward movements earlier today.
Following DOGE’s lead, the whole memecoin sector is up by more than 5% on September 18, surpassing $92.1 billion in market cap, according to CoinGecko data.
