Bitwise Closes Dogecoin ETF Ahead of Planned Conversion

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Bitwise Closes Dogecoin ETF Ahead of Planned Conversion
Bitwise, Dogecoin ETF, BWOW Liquidation

Bitwise Asset Management has announced the closure of its BWOW Dogecoin ETF, with trading set to end on October 14 and cash payouts scheduled for October 22. The fund, launched in late 2025, will convert its DOGE holdings to cash and cease new share creation. Shareholders will receive net asset value payouts automatically through their brokers.

BWOW held about $688,000 in net assets as of Sept. 9. Trading is expected to end Oct. 14, with cash payout s to follow around Oct. 22.

Bitwise plans to liquidate its Dogecoin exchange-traded fund in October, less than a year after launching the product. Thursday that it was closing the Bitwise Dogecoin ETF to “optimize its product range to meet evolving investor needs. ”. The company announced its launch on Nov. 25, 2025.

The fund’s last day of trading on NYSE Arca is expected to be Oct. 14. Shareholders will be able to sell their shares through that session, after which the fund will cease operations. Bitwise plans to convert the fund’s Dogecoin holdings to cash on Oct. 14 and stop creating new shares before the market opens on Oct. 15.

Remaining shareholders will receive cash based on the net asset value of their shares on Oct. 21, with payments expected on or around Oct. 22. The redemptions will occur automatically through shareholders’ brokers or other financial intermediaries, according to the closure notice.

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