Bitwise to liquidate Dogecoin ETF due to low investor demand

Bitwise is closing its Dogecoin ETF (BWOW) on October 14, less than 11 months after its launch, due to a lack of investor interest. The fund, which holds only about $700,000 in assets and has seen cumulative net outflows of $1.23 million, will be liquidated on October 22. While the broader US Dogecoin ETF market has attracted roughly $12 million in inflows, competitors like Grayscale's GDOG and 21Shares' TDOG have captured the majority of the capital.