Bitwise Closes Dogecoin ETF Amid Product Lineup Overhaul
Bitwise Investment Advisers has announced that it will liquidate and close its Bitwise Dogecoin ETF (NYSE: BWOW), effective immediately. The decision is part of an effort to 'optimize its product range to meet evolving investor needs,' according to the firm's announcement. Shareholders have until mid-October to sell their shares before the fund stops operating.
The last day of trading for BWOW on NYSE Arca is expected to be Wednesday, Oct. 14, 2026. After that, shareholders can no longer buy or sell shares in the secondary market. Bitwise will distribute the net asset value of remaining shareholders' shares as of Oct. 21, 2026, paid in cash on Thursday, Oct. 22, 2026.
The firm has coordinated with NYSE to ensure an orderly delisting and liquidation process. This process is designed to be passive for current holders, who can either sell before the cutoff or hold through the liquidation and receive a cash payout reflecting the fund's net asset value later in October.