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Bitwise Plans Dogecoin ETF Liquidation Less Than a Year After Launch
Bitwise said shareholders will receive cash as the fund converts Dogecoin holdings and exits the market after trading ends on Oct. 14.
- On Thursday, Bitwise Investment Advisers announced it will liquidate the Bitwise Dogecoin ETF , with the last trading day on the NYSE Arca, Inc. set for Wednesday, October 14, 2026.
- Bitwise determined to liquidate the Fund to optimize its product range amid evolving investor needs; the firm manages $9 billion in client assets and over 70 investment products.
- On Thursday, October 22, 2026, remaining shareholders will receive the net asset value of their shares as of October 21, 2026, distributed in cash; no action is required.
- The Fund is nondiversified and holds a single issue, exposing investors to significant risks; Dogecoin sank almost 5% on Thursday, reflecting market volatility inherent in the Fund's structure.
- Future regulations by government agencies could adversely affect blockchain technology investments, prompting the firm to advise investors to review the prospectus carefully given potential widespread, inconsistent regulation.
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Bitwise to put down Dogecoin ETF less than a year after launch
BWOW held about $688,000 in net assets as of Sept. 9. Trading is expected to end Oct. 14, with cash payouts to follow around Oct. 22. Bitwise plans to liquidate its Dogecoin exchange-traded fund (ETF) in October, less than a year after launching the product. The asset manager said Thursday that it was closing the Bitwise Dogecoin ETF (BWOW) to “optimize its product range to meet evolving investor needs.” BWOW had about $688,000 in net assets as …
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Total News Sources37
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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