Bitwise Dogecoin ETF (BWOW) final trading day
The Bitwise spot Dogecoin ETF (BWOW) is scheduled to make its final trading day on NYSE Arca on October 14, 2026, as the fund is liquidated. The product tracked Dogecoin (DOGE) and listed less than a year ago.
What is happening
Bitwise Dogecoin ETF (BWOW) began trading on NYSE Arca in November 2025. Less than a year later, the fund is entering liquidation, with trading set to end on October 14. According to the source report, the fund plans to distribute cash to its remaining investors on October 22.
Data from SoSoValue shows how little capital the fund attracted. Assets under management stood at about $725,870 as of October 7, and trading volume for the whole of September was just $51,480.
Bitwise Chief Executive Officer Hunter Horsley called the fund's failure "tragic" while speaking at Digital Asset Summit 2026 Asia, as reported by The Block on October 8. He said he likes Dogecoin and owns it personally, but noted that the token has historically lacked practical utility, even though it carries symbolic value. In his view, ETF investors simply did not want to put money into Dogecoin, though that could change over time.
Why it matters
For Dogecoin holders, the closure removes one regulated, exchange-traded way to gain exposure to DOGE through a brokerage account. The event does not affect the Dogecoin network itself or the ability to hold and trade the coin directly. It does, however, illustrate that a spot ETF listing does not automatically bring large inflows: the demand seen among crypto app users did not translate into demand among ETF investors in this case.
Traders and fund shareholders should be aware that October 14 is the last opportunity to trade the shares on the exchange, with the remaining cash distribution planned for October 22. Horsley contrasted the outcome with the Bitwise Solana Staking ETF (BSOL), which has gathered $1.3 billion in net assets, and noted that Bitwise recently launched a spot Near Protocol ETF (NRR). The comparison shows that investor appetite for crypto ETFs varies widely by asset.
Key details
- Date: October 14, 2026 (final trading day on NYSE Arca); cash distribution to remaining investors planned for October 22
- Project: Bitwise
- Coins: DOGE
- Category: Delisting
- Status: Confirmed
- Source: https://en.bloomingbit.io/feed/news/121877
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