REX-Osprey Dogecoin ETF Delayed, Whale Moves $85.8M DOGE from Robinhood Wallet

The much-anticipated REX Osprey Dogecoin ETF (ticker: $DOJE) will not debut today as planned. Instead, the launch is pushed to tomorrow, September 12, 2025, in the ￰0￱ fund marks the first exchange-traded product built fully around Dogecoin, signaling a new chapter for memecoin investments. A First for Memecoins $DOJE is unlike any other crypto ETF on the ￰1￱ under the Investment Company Act of 1940, it took a legal route different from most spot crypto ETFs, which usually file under the Securities Act of ￰2￱ path gave the fund a faster track to ￰3￱ ETF is managed by REX Shares and Osprey Funds, with distribution handled by Foreside Fund ￰4￱ same group launched the Solana staking ETF earlier this year, using a similar ￰5￱ of holding Dogecoin directly, the fund offers exposure through a Cayman Islands subsidiary and ￰6￱ means investors will not directly own DOGE tokens, but will still benefit from the coin’s market ￰7￱ makes $DOJE historic is simple: It’s the first ￰8￱ to center on a token that is purely ￰9￱ has no formal utility beyond community, memes, and speculation, yet it now has Wall Street’s stamp of ￰10￱ Trade-Offs for Investors The $DOJE ETF opens the door for new classes of investors, but it also comes with ￰11￱ fees compared to holding DOGE ￰12￱ utility: investors can’t use ETF shares to transfer or spend ￰13￱ remains: price swings will mirror the unpredictable nature of the memecoin market.

Still, the anticipation around the ETF has already pushed Dogecoin ￰14￱ token surged ~13–17% this week as traders position for tomorrow’s ￰15￱ to CoinMarketCap, DOGE is trading at elevated levels, riding hype and institutional ￰16￱ This Debut Mean More The debut of $DOJE goes beyond one ￰17￱ represents a turning point for the crypto ￰18￱ enter regulated finance: Dogecoin, born as a joke, is now a regulated Wall Street ￰19￱ domino effect: If $DOJE succeeds, it could accelerate ETF approvals for other niche ￰20￱ remains: Many altcoins are still stuck in regulatory limbo with the ￰21￱ Dogecoin ETF also embodies something larger, how Wall Street is embracing community-driven ￰22￱ assets are no longer dismissed as jokes; they’re financial products with investor ￰23￱ investors need to tread ￰24￱ is not a simple buy-and-hold DOGE ￰25￱ fees, no direct utility, and high volatility remain part of the ￰26￱ one analyst noted in Crypto Briefing JUST IN: The launch of the REX-Osprey $DOGE ETF, originally scheduled for today, has been postponed to ￰27￱ — Crypto Briefing (@Crypto_Briefing) September 11, 2025 $DOJE’s success could “change how Wall Street treats meme culture”, but it’s still a high-risk ￰28￱ Activity Overshadows ETF Buzz While the market gears up for $DOJE’s debut, Dogecoin whales are also making ￰29￱ community flagged massive transfers linked to Robinhood and an unknown ￰30￱ 1:34 PM UTC today, a whale moved 200 million DOGE worth $49.74 million from Robinhood to an unidentified ￰31￱ minutes later, another 145 million DOGE worth $36.06 million followed, also from ￰32￱ total, 345 million DOGE worth $85.8 million shifted in two transactions, according to Whale ￰33￱ Crypto Basic reports: #Dogecoin Whale Gulps 345,000,000 $DOGE from ￰34￱ DOGE community has called attention to several Dogecoin whale transactions involving the trading platform Robinhood and an unknown wallet.

Notably, wallet tracking resource Whale Alert first flagged the fund movements,… ￰35￱ — TheCryptoBasic (@thecryptobasic) September 11, 2025 confirmed that both transfers originated from the Robinhood cold wallet address DDu…wKF, and landed in the same whale address DGT…4Km. Who Owns the Whale Wallet? On-chain data shows this isn’t the first ￰36￱ July, Robinhood’s cold wallet has moved 2.185 billion DOGE to the DGT…4Km ￰37￱ wallet currently holds 754.64 million DOGE, worth about $186.35 million at today’s ￰38￱ it has also sent large batches to Coinbase, Bitstamp, and other unidentified ￰39￱ pattern suggests the wallet may not belong to a single trader.

Instead, it could be another operational wallet owned by Robinhood, used for: Batching user deposits Managing exchange liquidity Funding hot wallets from cold storage Routing assets through custodians and partners If that’s true, then the headline-grabbing “whale activity” may actually reflect Robinhood’s internal fund management. Still, the scale of the transfers highlights how much Dogecoin moves through a handful of large ￰40￱ U. S SPOT ETF FOR DOGECOIN LAUNCHES – ￰41￱ REX Osprey Dogecoin ETF (ticker: DOJE) is launching today, September 11, 2025, in the U. S It’s the first ETF built around Dogecoin, making a major milestone for memecoin ￰42￱ — CHAINISLE (@CHAINISLE_EN) September 11, 2025 Community Reactions To Watch The Dogecoin community has been quick to ￰43￱ point to the whale flows as a bullish signal of accumulation, while others remain cautious about Robinhood’s role as a dominant DOGE ￰44￱ Crypto Basic noted that Robinhood’s DOGE holdings continue to play a major role in market ￰45￱ timing, on the eve of the ETF launch, only fuels ￰46￱ $DOJE set to debut tomorrow, all eyes are on ￰47￱ memecoin sits at the intersection of regulation, culture, and ￰48￱ the ETF attracts institutional inflows, DOGE could see sustained liquidity and price ￰49￱ it struggles, skeptics will point to fees, volatility, and lack of utility as reasons memecoin ETFs can’t ￰50￱ activity, meanwhile, adds an extra layer of uncertainty around DOGE’s short-term ￰51￱ now, Dogecoin enjoys the ￰52￱ meme jokes to Wall Street ETFs and billion-dollar whale transfers, it remains one of the most unpredictable yet culturally powerful assets in crypto.

Disclosure: This is not trading or investment ￰53￱ do your research before buying any cryptocurrency or investing in any ￰54￱ us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !