The SEC has filed Form 25 to delist the Bitwise Dogecoin ETF, which traded under the ticker BWOW. This action follows the company's decision to liquidate the fund, announced via an 8-K filing on September 10, 2026.
Launched on November 26, 2025, with $2.5 million in seed funding, the ETF saw initial trading volume of approximately $3 million in its first week. However, interest subsequently declined, with total net outflows exceeding $1.3 million.
By October 7, 2026, assets under management totaled $725,870. The fund, which held approximately 8.2 million DOGE, charged an expense ratio of 0.34%, a rate deemed insufficient to cover operational costs for a fund of this size.
The final trading day for the ETF is scheduled for October 14, 2026. Investors are expected to receive cash distributions on or around October 22, 2026, rather than receiving the underlying cryptocurrency.
