Bitwise Plans October 14 Trading End for Dogecoin ETF
BWOW holders are set to receive cash on or around October 22, based on October 21 NAV, as Bitwise prepares to liquidate its Dogecoin fund.
Key Takeaways
- BWOW is expected to trade for the last time on NYSE Arca on October 14, 2026.
- Remaining shares will be redeemed for cash based on October 21 net asset value, with distribution expected on or around October 22.
Details
Bitwise plans to close its Dogecoin ETF, BWOW, with October 14, 2026 expected to be its final trading day on NYSE Arca. The sponsor announced the liquidation in a September 10 statement, citing adjustments to its product range as investor needs evolve.
The timetable calls for converting the fund's Dogecoin holdings into cash on October 14. Creation of new shares will stop before the market opens on October 15.
The fund's website says shares still held after the trading cutoff will be automatically redeemed. Cash payments are expected through brokers or other financial intermediaries on or around October 22, using the fund's net asset value on October 21.
BWOW's listed inception date is November 25, 2025, putting the planned closure less than a year after its debut.
Market Analysis
The wind-down changes how remaining BWOW holdings are settled: exposure through listed fund shares gives way to a cash redemption. The fund distinguishes the market price at which its shares trade from net asset value. Under the announced plan, October 21 NAV determines the final distribution; the last exchange-trading session falls a week earlier.
Sources: Bitwise liquidation announcement, September 10, 2026; BWOW fund notice and product details, accessed September 11, 2026.
Note: This article is for news reporting purposes only and does not constitute investment advice.
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