Bitwise to close Dogecoin ETF after 10 months

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Bitwise has decided to liquidate its Dogecoin ETF after roughly 10 months of trading, setting Oct. 14 as the expected final session for the NYSE Arca-listed fund. Summary Bitwise will end BWOW ...

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.atigrnexa.com/news/2666434325"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2666434325\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2666434325?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-11 12:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2666434325","market":"sh","top_or_hot":-1,"title":"Bitwise to close Dogecoin ETF after 10 months","media":"cryptonews","content":"<div>\n<p>Bitwise has decided to liquidate its Dogecoin ETF after roughly 10 months of trading, setting Oct. 14 as the expected final session for the NYSE Arca-listed fund.\n\n\nSummary\n\n\n\nBitwise will end BWOW ...</p>\n\n<a href=\"https://crypto.news/bitwise-to-close-dogecoin-etf-after-10-months/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitwise to close Dogecoin ETF after 10 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-11 12:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/bitwise-to-close-dogecoin-etf-after-10-months/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitwise has decided to liquidate its Dogecoin ETF after roughly 10 months of trading, setting Oct. 14 as the expected final session for the NYSE Arca-listed fund.\n\n\nSummary\n\n\n\nBitwise will end BWOW ...</p>\n\n<a href=\"https://crypto.news/bitwise-to-close-dogecoin-etf-after-10-months/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITW","symbol_name":"Bitwise 10 Crypto Index ETF","start_time":0,"source_url":"https://crypto.news/bitwise-to-close-dogecoin-etf-after-10-months/","article_id":"2666434325","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/bitwise-to-close-dogecoin-etf-after-10-months/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666434325","pubTimestamp":1789101616,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bitwise has decided to liquidate its Dogecoin ETF after roughly 10 months of trading, setting Oct. 14 as the expected final session for the NYSE Arca-listed fund.Bitwise will end BWOW trading on October 14, roughly ten months after the fund launched.Remaining shareholders will receive cash based on October 21 net asset value eight days later.New BWOW share creation will stop before NYSE Arca opens for trading on October 15.Dogecoin ETFs recorded $318,000 in August net inflows, according to figures published by SoSoValue online.DOGE traded near $0.084 on Friday after declining approximately 2.6% during the previous market session.Bitwise’s Sept. 10 filing with the U.S. Securities and Exchange Commission said shares of the Bitwise Dogecoin ETF, trading under BWOW, will stop trading before the market opens on Oct. 15. Investors can sell their positions through the close of the previous session.Bitwise said it has coordinated with NYSE Arca on the delisting. The fund’s share registration w","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITW":"Bitwise 10 Crypto Index ETF","GDOG":"Grayscale Dogecoin Trust ETF","TDOG":"21Shares Dogecoin ETF","BWOW":"Bitwise Dogecoin ETF","BK4588":"碎股","DOJE":"REX-Osprey™ DOGE ETF","TXXD":"21Shares 2x Long Dogecoin ETF","FDN":"First Trust Dow Jones Internet I","BK4585":"ETF&股票定投概念","BK4550":"红杉资本持仓","BKCH":"AdvisorShares Sabretooth ETF"},"translate_title":"Bitwise 将在 10 个月后关闭狗狗币 ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKCH":0.75,"TDOG":1.5,"DOJE":1.5,"GDOG":1.5,"BWOW":1.5,"TXXD":1.5,"BITW":0.65,"FDN":1.5},"content_text":"Bitwise has decided to liquidate its Dogecoin ETF after roughly 10 months of trading, setting Oct. 14 as the expected final session for the NYSE Arca-listed fund.\n\n\nSummary\n\n\n\nBitwise will end BWOW trading on October 14, roughly ten months after the fund launched.\nRemaining shareholders will receive cash based on October 21 net asset value eight days later.\nNew BWOW share creation will stop before NYSE Arca opens for trading on October 15.\nDogecoin ETFs recorded $318,000 in August net inflows, according to figures published by SoSoValue online.\nDOGE traded near $0.084 on Friday after declining approximately 2.6% during the previous market session.\n\n\n\nBitwise’s Sept. 10 filing with the U.S. Securities and Exchange Commission said shares of the Bitwise Dogecoin ETF, trading under BWOW, will stop trading before the market opens on Oct. 15. Investors can sell their positions through the close of the previous session.\nThe asset manager said it chose to close the fund as it works to “optimize its product range to meet evolving investor needs.” Bitwise did not identify trading volume, assets under management or fund expenses as the reason for the closure.\nBWOW began trading on Nov. 26, 2025, giving investors exposure to Dogecoin without requiring them to hold the token directly. Its scheduled closure comes less than one year after launch.\nBitwise Dogecoin ETF liquidation begins October 14\nBitwise expects to convert the Dogecoin held by BWOW into cash on Oct. 14. Creation of new shares will stop before NYSE Arca opens on Oct. 15, according to the SEC filing and the company’s official announcement.\n\nJUST IN: Bitwise announces liquidation of its Dogecoin ETF $BWOWThe fund will stop trading on NYSE Arca on October 14, with remaining shareholders set to receive the fund’s net asset value in cash on October 22 as Bitwise reshapes its ETF lineup. pic.twitter.com/CPdKpvVfaG— crypto.news (@cryptodotnews) September 10, 2026\n\nOnce secondary-market trading ends, remaining shareholders will not need to submit redemption requests. Bitwise plans to calculate the fund’s net asset value on Oct. 21 and distribute the corresponding cash proceeds on Oct. 22.\nThe SEC filing says the fund’s holdings should be fully liquidated by Oct. 22 or shortly afterward. During the liquidation period, BWOW will no longer manage its portfolio in line with its stated investment objective because its Dogecoin position will be sold.\nCash distributions will move automatically into shareholders’ brokerage accounts. Bitwise warned that the payments may create taxable events, with each investor’s liability depending on factors such as purchase price, holding period and account type. In related coverage, crypto.news explains the current U.S. taxation of crypto transactions, including how disposals can generate reportable gains or losses.\nBitwise said it has coordinated with NYSE Arca on the delisting. The fund’s share registration will be withdrawn after the liquidation process is completed.\nTrading data showed limited demand for BWOW\nBWOW generated close to $3 million in trading volume during its launch week, based on market data cited in reports covering the fund. Daily activity failed to return to that initial level during the following months.\nData published by SoSoValue showed that all U.S. Dogecoin exchange-traded products recorded roughly $318,000 in net inflows during August. The monthly result reversed modest outflows reported in July, but it remained small compared with the capital moving through established Bitcoin and Ether products.\nDogecoin funds generated approximately $300 million in total trading volume following their launches. Comparable products tied to Hyperliquid recorded $2.1 billion, while Zcash and Chainlink funds generated around $1.5 billion and $680 million, respectively.\nThe figures cover trading activity, not net investor deposits or assets held. Trading volume measures the value of shares exchanged during a period, while net flows measure money entering a fund after redemptions are deducted.\nBWOW entered a U.S. market where updated exchange standards had shortened the listing process for qualifying crypto products. As crypto.news previously reported, the U.S. crypto ETF listing framework can reduce the exchange approval timeline to roughly 75 days for eligible products, though issuers must still complete the SEC registration process.\nAn easier listing path does not guarantee that a fund will attract enough assets or trading activity to remain commercially viable. Fund sponsors retain discretion to close products after weighing operating costs, investor use and their remaining product lineup.\nDogecoin exposure carries concentrated risks\nBWOW is a nondiversified product holding a single crypto asset. Its prospectus warns that a decline in Dogecoin’s market value can affect the fund more sharply than a portfolio spread across several holdings.\nBitwise describes DOGE as a memecoin without a stated utility objective. The company’s risk disclosures say speculators represent a large portion of its users and warn that Dogecoin’s unlimited issuance model may weigh on its long-term price.\nThe prospectus identifies liquidity as another risk. Thin trading conditions may make it harder for investors to sell fund shares at their preferred price and can increase the gap between the share price and net asset value.\nCustody, theft, blockchain failures and regulatory changes appear among the other listed risks. Bitwise said some technical or legal risks may not become apparent until blockchain systems receive more extensive use.\nDOGE traded close to $0.084 on Sept. 11 after losing approximately 2.6% from the previous close. The price movement came after Bitwise announced the liquidation, though available market data did not establish that the fund closure caused the decline.\nDogecoin (DOGE) price chart, source: crypto.news\nBitwise retains multiple crypto investment products\nClosing BWOW does not signal Bitwise’s departure from crypto exchange-traded products. The company reports approximately $9 billion in client assets across more than 70 offerings, including ETFs, private funds, separately managed accounts, hedge fund strategies and staking products.\nIts lineup includes products tied to Bitcoin, Ether, Solana, XRP, Chainlink, Avalanche and Hyperliquid. Bitwise serves more than 5,500 private wealth teams, registered investment advisers, family offices and institutional investors, according to figures supplied by the company.\nThe Dogecoin ETF charged a 0.34% management fee when it launched. Bitwise initially waived the fee for a limited period, subject to conditions described in the fund’s launch materials.\nInvestors who sell BWOW before Oct. 14 will receive the market price available when their orders execute. Anyone holding shares through liquidation will receive cash based on the Oct. 21 net asset value, which may differ from BWOW’s earlier trading price.\nBitwise’s SEC filing states that the final distribution will constitute a taxable event for shareholders holding the fund in taxable accounts. The sponsor advised investors to consult their tax advisers about their individual circumstances.\n\n\n\n\n\n                Read more:\n            \n\n                ESMA warns prediction markets raise insider risks","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}