[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 16 sources · 3 days · First seen · Last updated

Bitwise Dogecoin ETF liquidation

Overview

Bitwise has announced the liquidation of its Dogecoin exchange-traded fund (ETF), trading under the ticker BWOW. The decision follows less than a year since the fund’s launch in November 2025, driven by an effort to “optimize its product lineup to meet evolving investor needs.”

Reports indicate the fund faced low demand and dwindling assets under management, with assets peaking at approximately $687,713 and share value declining by more than 45% since its initial listing. The fund’s assets under management were reported to be under $1 million.

The final trading session on NYSE Arca is scheduled for October 14, 2026. Shareholders who do not sell by the close of trading will receive a cash distribution based on the fund’s net asset value as of October 21, with payments expected around October 22.

While the ETF faces closure, on-chain data shows significant activity from large holders, with reports suggesting large wallets accumulated 519 million DOGE since early September. Additionally, the Dogecoin ecosystem is awaiting the DOGE-1 mission, a CubeSat scheduled for launch via a SpaceX Falcon 9 rocket on September 14.

Entities

NYSE Arca · Hunter Horsley · SEC · U.S. Securities and Exchange Commission · Bitwise

Timeline

  1. about 23 hours ago

    [BUSINESS] 2 sources
    Bitwise to liquidate Dogecoin ETF following low demand

    Bitwise is liquidating its Dogecoin ETF (BWOW) due to low demand, with its final trading day set for October 14, 2026, amid conflicting signals from large wallet accumulations and the upcoming DOGE-1 mission.

  2. 4 days ago

    [BUSINESS] 15 sources
    Bitwise to liquidate Dogecoin ETF BWOW in October

    Bitwise is liquidating its Dogecoin ETF (BWOW) less than a year after launch, with final trading set for October 14 and cash distributions to shareholders expected by October 22.

Sources

bitcoinbazis.hu · bitcoinethereumnews.com · blogtienao.com · coinedition.com · criptoinforme.com · crypto-times.jp · crypto.news · cryptoweek.fr · detlionblood32.wordpress.com · exame.com · it-boltwise.de · krypto-magazin.de · livebitcoinnews.com · spacemoney.com.br · thecryptobasic.com · tronweekly.com