Bitwise to put down Dogecoin ETF less than a year after launch

60-second summary
Bitwise announces it will liquidate its Dogecoin ETF, ending trading on October 14 after just under a year of operation, with cash distributions slated for around October 22; the fund held roughly $688,000 in net assets as of September 9. This swift closure underscores lingering regulatory uncertainty and weak investor demand, pressuring niche crypto‑ETF offerings across the market.
BWOW held about $688,000 in net assets as of Sept. 9. Trading is expected to end Oct. 14, with cash payouts to follow around Oct. 22.