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Bitwise to liquidate Spot Dogecoin ETF after poor investor demand and low liquidity

Market News
11 Sep 2026
AMBCrypto
View Source
Bearish
Bitwise to liquidate Spot Dogecoin ETF after poor investor demand and low liquidity

Bitwise announced it will liquidate its Spot Dogecoin ETF (BWOW) due to prolonged low liquidity and weak investor interest, with cumulative net outflows of $1.23 million. The fund, holding $687,000 in net assets, will cease trading on October 14, with cash distributions expected around October 22. Overall, Spot Dogecoin ETFs have attracted only $12 million in cumulative net inflows, indicating limited institutional enthusiasm. This weak demand is mirrored by Dogecoin treasury holders who have stopped buying, contributing to bearish pressure on DOGE's price, which recently dropped below $0.083 and risks falling further toward $0.08 support levels.

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