Bitwise Bails on Dogecoin ETF, Solana Soars Amid Token Record

Bitwise Investment Advisers announced that it will liquidate its Dogecoin ETF, BWOW, on October 14, 2026. The decision comes after nearly a year of trading, with investors facing an October deadline to sell their shares or receive cash calculated using the fund's net asset value.

The ETF reported $687,713 in net assets as of September 9 and held approximately 8.2 million Dogecoin in trust. Bitwise cited changing investor needs for the closure, which is part of an effort to adjust its product range.