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Bitwise Cancels Spot Dogecoin ETF Amid Tepid Investor Response

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Bitwise, a company that offers financial products tied to digital assets, is winding down its spot Dogecoin ETF (BWOW). This move comes roughly 10 months after the fund's debut on the New York Stock Exchange (NYSE).

The final trading session for BWOW is expected to take place on October 14. The decision to liquidate the fund appears to be an acknowledgment of limited uptake.

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