Key facts
- Bitwise is liquidating its Dogecoin ETF (BWOW) less than a year after its November 2025 launch.
Bitwise to liquidate Dogecoin ETF less than a year after launch
IN SHORT
Crypto asset manager Bitwise is winding down its Dogecoin exchange-traded fund, BWOW, less than a year after its November 2025 debut. The fund held approximately $722,000 in net assets as of September 8. Shareholders will receive cash payouts based on the net asset value on October 21.
Key Numbers
$722,000net assets as of September 8
October 14expected final trading day
October 21net asset value date for cash payouts
October 22expected cash payout date
Who's Involved
Bitwise
asset manager liquidating its Dogecoin ETF
Bitwise Dogecoin ETF
fund to be liquidated
Hunter Horsley
Bitwise CEO who supported the fund's launch
↳ Why This Matters
The liquidation of the Bitwise Dogecoin ETF highlights the challenges in sustaining niche cryptocurrency-focused exchange-traded products, potentially impacting investor confidence in similar future offerings.