Bitwise to Liquidate Dogecoin ETF BWOW Following Low Asset Growth
Bitwise Investment Advisers announced it will close its Dogecoin exchange-traded fund in October after less than one year of trading.
Bitwise Investment Advisers announced on September 10 that it will liquidate and terminate the Bitwise Dogecoin ETF (BWOW). According to a Form 8-K filing, the fund is scheduled to halt trading on NYSE Arca after October 14, 2026, with cash distributions based on net asset value paid to remaining shareholders on or around October 22.
The fund held approximately $687,713 in net assets across 50,000 outstanding shares as of September 9, backed by roughly 8.19 million DOGE in trust.
BWOW originally launched in November 2025, recording about $3 million in trading volume during its initial debut before activity declined. Bitwise attributed the liquidation to an optimization of its product lineup, offering no additional specific reasons in the regulatory filing.
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