Bitwise is closing the lowest-fee Dogecoin ETF after rivals captured nearly all the capital
Bitwise is closing its Dogecoin ETF after investors largely bypassed the fund in favor of competing products. Related Asset Dogecoin #11 DOGE · $0.08 24-hour change: up 0.85% 24H Up 0.85% 7D Down 1.13% 30D Up 20.39% On Sept. 10, the asset manager said the Bitwise Dogecoin ETF, or BWOW, will stop trading on NYSE Arca on Oct. 14 and be liquidated the following week, less than 11 months after launch. Bitwise said the liquidation is part of an effort to optimize its product lineup as investor needs evolve. Share creation will stop before trading opens Oct. 15, with remaining investors expected to receive cash based on the funds Oct. 21 net asset value around Oct. 22. The closure comes as the broader US Dogecoin ETF market continues to attract modest capital. SoSoValue data show the category has recorded about $12 million of cumulative net inflows and manages roughly $11.83 million in assets. Related Company Bitwise The first cryptocurrency index fund BWOW accounts for only about $700,000 of those assets and has recorded roughly $1.23 million of cumulative net outflows. Dogecoin is the original memecoin and a proof-of-work payment network launched in 2013. CryptoSlate data ranks DOGE as the 11th-largest cryptocurrency by market capitalization, with a market









