Bitwise to Liquidate and Close Dogecoin ETF Less Than a Year After Launch

Crypto asset manager Bitwise announced the liquidation and closure of its spot Dogecoin (DOGE) ETF, BWOW, approximately 10 months after its debut. The final trading day on the NYSE is scheduled for October 14, with liquidations to be processed in cash. Bitwise stated the decision aims to optimize its product lineup to meet evolving investor demand. Despite launching in November 2025, the fund struggled to maintain trading volume, recording a total cumulative volume of $300 million, significantly trailing other altcoin ETFs like Hyperliquid and Zcash.