Bitwise Shuts Down Dogecoin ETF Amid Crypto Market Volatility

Bitwise is winding down its Dogecoin exchange-traded fund (ETF) less than a year after launch. The product, which held about $722,000 in assets this month, will be liquidated on October 14, with the final trading day expected to be on NYSE Arca.

The announcement was made by Bitwise on Thursday, indicating that the remaining shareholders will receive the net asset value of their shares on October 22, 2026.

This move comes as part of a broader trend in the crypto space, where investors are reevaluating their positions and assets. With Bitcoin trading at $77,114, the market is experiencing significant volatility.