Bitwise Closes Dogecoin ETF After 10 Months

Bitwise Closes Dogecoin ETF After 10 Months

Editorial Staff

Fri, September 11, 2026 at 4:56 PM GMT+3 2 min read

• DOGE

Bitwise Asset Management is liquidating and closing its Dogecoin (CRYPTO: $DOGE) exchange-traded fund (ETF) after 10 months of trading.

In a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Bitwise set Oct. 14 as the expected final trading session for the ETF on the New York Stock Exchange (NYSE).

The company said that the Bitwise Dogecoin ETF ($BWOW) will stop trading before the market opens on Oct. 15.

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Investors in the crypto ETF can sell their positions up until that time, when they will be automatically sold and proceeds returned to them.

Bitwise sad in its regulatory filing that it plans to calculate the fund's net asset value (NAV) on Oct. 21 and distribute cash proceeds to investors on Oct. 22.

Cash distributions will be placed automatically into investors' brokerage accounts.

The asset manager said it has chosen to close the fund as it works to "optimize its product range to meet evolving investor needs."

The Dogecoin ETF began trading on Nov. 26, 2025, giving investors exposure to Dogecoin without requiring them to hold the token directly.

The BWOW fund generated close to $3 million U.S. in trading volumes during its first week. However, daily trading activity failed to return to that initial level in the following months.

Data published by SoSoValue showed that all U.S. Dogecoin exchange-traded products recorded roughly $318,000 U.S. in net inflows during August of this year.

Bitwise's Dogecoin ETF launched shortly after the crypto market peaked last October and entered a prolonged downturn that has lasted nearly a year.

The price of DOGE has declined 66% over the last 12 months to trade at $0.085 U.S.

Bitwise Asset Management is privately held and its stock does not trade on a public exchange.