Bitwise to Close Dogecoin ETF Before Its First Anniversary
60-second summary
Bitwise will close its Dogecoin ETF on October 14, ending trading and initiating liquidation. Shareholders receive cash distributions by October 22, marking the fund’s first anniversary. The shutdown reflects regulatory uncertainty and limited demand for meme‑coin products, prompting investors to reallocate capital toward more established crypto assets, potentially tightening market liquidity.
BWOW will stop trading October 14, with cash payments to remaining shareholders expected October 22.