Bitwise Axes Dogecoin ETF After Less Than Year Amid Low Investor Interest

Bitwise is closing its Dogecoin ETF (BWOW) less than a year after launching it, citing a need to 'optimize its product range to meet evolving investor needs.'

The company plans to liquidate BWOW on October 14, with cash payouts expected around October 22. As of September 9, the fund had approximately $688,000 in net assets.

Bitwise announced the launch of BWOW on November 25, 2025. The decision to close the ETF is likely due to low investor interest and the relatively small size of the fund.