Crypto asset management firm Bitwise has announced the closure and liquidation of its Dogecoin ETF (BWOW)—ending the product's journey just 10 months after launch.
BWOW's last trading day is scheduled for 14 October 2026. The remaining investors will then be refunded the value of the shares in cash; The payment is scheduled to be made on October 22 based on the Net Asset Value as of October 21.
The ETF was launched in November 2025. But the trading volume of around 3 million dollars was seen in the beginning, but the activity did not return to that level later on. By early September, the fund's assets had fallen to about $6.9 million.
Bitwise, however, did not cite any specific reason for the closure. According to the company, this decision has been taken to adjust the product list with the changing needs of investors.
📌 Can ETFs for memecoins like Dogecoin really be attractive to investors in the long term?#Doujkei #Cryptneos #LoveYou
BWOW's last trading day is scheduled for 14 October 2026. The remaining investors will then be refunded the value of the shares in cash; The payment is scheduled to be made on October 22 based on the Net Asset Value as of October 21.
The ETF was launched in November 2025. But the trading volume of around 3 million dollars was seen in the beginning, but the activity did not return to that level later on. By early September, the fund's assets had fallen to about $6.9 million.
Bitwise, however, did not cite any specific reason for the closure. According to the company, this decision has been taken to adjust the product list with the changing needs of investors.
📌 Can ETFs for memecoins like Dogecoin really be attractive to investors in the long term?#Doujkei #Cryptneos #LoveYou
