Dogecoin's price dropped nearly 2% to about $0.083 after Bitwise announced it will liquidate its Dogecoin ETF, BWOW, just 10 months after launch due to low investor interest. The ETF will stop trading on October 14, with cash proceeds distributed on October 22. Weak demand is also seen across other U.S.-listed Dogecoin ETFs, and bearish sentiment is growing in Dogecoin derivatives. Technical indicators suggest Dogecoin is testing key support levels and may stabilize if momentum improves.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Bitcoin is trading around $77,602 with a modest gain of 0.89%, while Ethereum leads with a 4.97% rise to $2,560. Other cryptocurrencies like Binance Coin, Ripple, and Solana also show positive price changes. Some altcoins experience declines, indicat...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
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, wit...
Bitwise Investment Advisors announced it will terminate and liquidate its Dogecoin ETF (BWOW) with the last trading day on October 14, 2026. The decision aims to optimize Bitwise's product lineup to better meet investor needs, though minimal investor...
