Bitwise Shuts Down Dogecoin ETF Amid Crypto Product Overhaul

Bitwise Investment Advisers announced it will shut down its Bitwise Dogecoin ETF (BWOW), effective after trading on NYSE Arca ends on October 14, 2026.

The fund's DOGE holdings will be converted to cash by the same date, and no new shares will be created. Remaining shareholders won't need to take action as they'll receive a cash payout based on the fund's net asset value on October 21, with distributions paid out on October 22.

Bitwise worked with NYSE to ensure an orderly closure, minimizing disruption for investors. The move comes amid a broader streamlining of Bitwise's crypto product range.