Bitwise is winding down its Dogecoin exchange-traded fund less than a year after launch, ending a product that held about $722,000 in assets this month. The crypto asset manager announced Thursday that it would liquidate BWOW, with October 14 expected to be its final trading day on NYSE Arca, and that remaining shareholders would receive the net asset value of their shares as of October 21, 2026, distributed in cash on October 22, 2026. Bitwise said the decision was part of efforts to optimize its product range to meet evolving investor needs. The fund began trading November 26, 2025, and currently holds about 8.2 million DOGE worth roughly $688,000, according to its website; Bitwise did not cite that as a reason for closing the fund. Bitwise began pursuing the fund in early 2025, registering a Dogecoin ETF entity in Delaware that January, and the product arrived during a wave of crypto fund launches that also included Dogecoin offerings from Grayscale.
DogecoinBitwise is liquidating its Dogecoin ETF BWOW, removing a regulated DOGE investment product less than a year after launch.
Bitwise is winding down and liquidating its Dogecoin ETF BWOW, ending a product it launched in November 2025.
