Bitwise Shuts Down Dogecoin ETF After Less Than Year in Operation

Bitwise Investment Advisers announced on September 10 that it will liquidate and close its Bitwise Dogecoin ETF (BWOW), a product that has been trading for less than a year. The decision is part of an effort to optimize the firm's product range for evolving investor needs.

The fund, which began trading in November 2025, reported about $687,713 in net assets as of September 9. It held 8,195,053.02 DOGE in trust and had 50,000 shares outstanding.

Shareholders can exit through the market until trading ends after October 14, at which point they will receive cash based on its net asset value as of October 21, with the distribution expected on or around October 22.