Bitwise has shut down its Dogecoin ETF less than a year after launch.
Ecosystem ·
Bitwise has shut down its Dogecoin ETF, ticker BWOW, less than a year after its launch. The closure came due to insufficient trading volume and investor interest in the product.
The Dogecoin ETF represented an attempt to provide a regulated investment vehicle for exposure to the cryptocurrency. Its early discontinuation underscores challenges in building sustained demand for niche digital-asset ETFs, particularly those tracking assets with high volatility and speculative positioning.
The specific timeline of the launch and shutdown, as well as any redemption or transition details for existing holders, remain unclear from available reporting.