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Bitwise to close Dogecoin ETF by October 2026 due to low demand despite approval and trading.

Market News
11 Sep 2026
CryptoTicker
View Source
Bearish
Bitwise to close Dogecoin ETF by October 2026 due to low demand despite approval and trading.

Bitwise announced it will liquidate its Dogecoin ETF (BWOW) with the last trading day on October 14, 2026, and cash payouts to shareholders on October 22, 2026. The fund held only $722,000 in assets, a tiny fraction of Bitwise's total managed assets, reflecting weak investor interest despite regulatory approval and listing on a major exchange. This closure highlights that mere availability of a crypto ETF does not guarantee demand, especially for memecoins like Dogecoin, which investors prefer to trade directly on crypto exchanges. European investors are mostly unaffected as BWOW was a US product not widely accessible in Europe. Investors holding BWOW through US brokers must decide to sell by October 14 or accept the automatic cash payout on October 22.

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