Crypto NewsAltcoinDogecoin ETF Approval Expectations Fail: Launch Postponed! Here's the New Approval Date!

Dogecoin ETF Approval Expectations Fail: Launch Postponed! Here's the New Approval Date!

It was stated that the RexShares DOGE ETF, which was expected to be launched yesterday, was postponed to next week.

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After Bitcoin and Ethereum, altcoins such as XRP and Solana (SOL) are also expected to receive spot ETF approval from the SEC.

While September and October are being pointed out at this point, last week Bloomberg analyst Eric Balchunas gave a definitive date for the Dogecoin (DOGE) ETF.

At this point, Bloomberg ETF analyst Eric Balchunas had said that US asset managers RexShares and Osprey Funds' spot Dogecoin ETF would launch on the 11th.

Related News  Bloomberg Analyst Sets Approval Date for Dogecoin (DOGE) ETF! "It Will Be Approved on This Date!"

However, the expected outcome did not happen and the RexShares DOGE ETF launch was postponed.

Bloomberg ETF analyst James Seyffart announced the possible date in his statement from his X account, stating that the DOGE launch has been postponed.

The Dogecoin ETF launch, originally scheduled for September 12, has been postponed until next week. The launch date is likely to be Thursday (the 18th).

Similarly, Bloomberg ETF analyst Eric Balchunas stated that the launch of the DOGE ETF (DOJE) has been postponed from September 11 to next week. Balchunas added that the launch is now likely to take place next Thursday.

*This is not investment advice.

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