Rex-Soprey’s Doje, the first US spot Dogecoin ETF, Created a strong trading volume When it hit the market on Thursday, it landed in the top five ETF rollouts so far this year. And its issuer has already applied for a more risky, leveraged play.
in SEC registered filing On Thursday, Rex-Soprey applied for the launch of the Rex Doje Growth & Income ETF, a traded product aimed at providing 105-150% exposure to Doje’s price return in one day.
“Funds want daily investment results, which are very different from most other exchange trade funds,” reads Filing. “As a result, funds may be more risky than non-leveraged alternatives.”
The Rex Doje Growth & Income ETF portfolio consists of three separate components. It is an underlying Dogecoin ETF (DOJE) leveraged length exposure, a cover call strategy to generate income, and investments in short-term financial or money market funds.
New: @RexShares and @tidalfg have used new filings for the past 15 minutes. Working with @quantifychaos, Rex with “doje growth and revenue ETF” and tidal with some leveraged dyploid index ETFs
h/t @todd_sohn pic.twitter.com/ccrepllapi
– James Seyfert (@jseyff) September 18, 2025
Its main purpose is to pay weekly distributions with a secondary purpose of obtaining daily investment results, with 1-1.5 times the rate of change in DOJE.
Leveraged investment applications are nothing new to Rex-Soprey. Rex-Sosprey offers a variety of leveraged ETF plays, providing greater exposure, but offers more risk to investors.
Its latest prospectus is well known that this additional risk is not for everyone.
It reads “Funds are not suitable for all investors.” “The fund is designed to be used only by knowledgeable investors who seek targeted, daily leveraged investment results, understand the risks associated with leverage use, and understand the potential consequences of being willing to frequently monitor the portfolio.”
Due to daily leveraged makeup, the company also points out that if Doje returns remain flat, the fund will be lost for more than a day, and that growth and revenue ETFs could be lost even if Doje ETFs increase more than a day.
Furthermore, the prospectus indicates that there is no guarantee that the strategy will be implemented properly or that a weekly distribution can be paid.
Dogecoin (Doge) fell 6% over the past 24 hours to $0.265. Major meme coins jumped over 22% last month, but remained at around 64%, the highest ever in 2021 $0.73.
According to Bloomberg senior ETF analyst Eric Bulknas, Rex-Sosprey’s standard Doje ETF began trading Thursday, generating about $17 million worth of trading volume, making it the top five in the first day of this year’s ETF launch.
Meanwhile, the Rex-Sosprey XRP ETF was also launched on Thursday, bringing demand to much stronger, bringing the list of new fund rollouts this year to a trading volume of around $38 million.
