Bitwise to Shut Down Dogecoin ETF Less Than a Year After Launch

Bitwise has announced it will close its Dogecoin ETF (BWOW) on October 14, less than eleven months after its November 2025 launch.

The decision comes due to declining investor interest and low assets under management, which stood at about $688,000 as of early September 2026. This is a significant drop from the fund's initial net assets of $1.15 million at the end of 2025.

Bitwise attributes the closure to a product range optimization rather than a loss of faith in Dogecoin. Investors will be reimbursed in cash by late October.