Bitwise Dogecoin ETF Hit by Dogecoin Price Decline

The Bitwise Dogecoin ETF (BWOW) has been affected by the recent decline in the price of Dogecoin, causing its Net Asset Value (NAV) to drop to $11.84.

This is according to a recent filing with the SEC, which shows that the fund's NAV had fallen significantly since its last reported value.

The Bitwise Dogecoin ETF is an exchange-traded fund that tracks the price of Dogecoin, and its performance is closely tied to the cryptocurrency's value.