Bitwise Dogecoin EtTF
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- Bitwise Dogecoin ETF is a U.S.-listed exchange-traded product that provides investors with exposure to the price of Dogecoin (DOGE) through shares traded on NYSE Arca under the ticker BWOW. The Fund, sponsored by Bitwise Investment Advisers, LLC, is designed to reflect the value of Dogecoin held by the trust, less operating expenses and liabilities; it holds Dogecoin directly and calculates net asset value using the CF Dogecoin-Dollar US Settlement Price. Its principal offering is publicly tradable common shares that enable brokerage-account-based exposure to DOGE without investors directly acquiring, storing or securing the cryptocurrency; the Fund targets institutional, professional and retail investors seeking regulated exchange-traded digital-asset exposure. BWOW launched in November 2025, has an inception date of November 25, 2025, and trades on NYSE Arca. Bitwise Investment Advisers, LLC is headquartered in San Francisco, California, and is part of Bitwise Asset Management, a crypto-asset-management business founded in 2017. The Fund initially charged a 0.34% annual management fee, with a temporary 0% fee on the first $500 million of assets during its first month. In its most recent major strategic change, Bitwise announced on September 10, 2026 that it will voluntarily liquidate, close and delist BWOW as it optimizes its product range for evolving investor demand; the expected final trading day on NYSE Arca is October 14, 2026, operations are expected to cease following that date, and remaining shareholders are expected to receive a cash distribution based on the Fund’s net asset value as of October 21, 2026, on or about October 22, 2026.