Bitwise Dogecoin ETF BWOW Reaches Its Expected Last Trading Day on October 14

Bitwise's Dogecoin exchange-traded fund, ticker BWOW, was scheduled to have its last day of trading on NYSE Arca on Wednesday, October 14, 2026. The information comes from the sponsor's September 10 liquidation notice filed with the US Securities and Exchange Commission. The announcement followed disappointing demand and the sponsor's decision to optimize its product range; it is not evidence that Dogecoin itself is being delisted.

The SEC-filed notice said fund operations would cease after the scheduled last trading day, with remaining shareholders expected to receive a cash distribution on October 22 based on net asset value as of October 21. Shareholders wishing to sell in the secondary market were told to consider doing so before trading ends, subject to their broker's access and prevailing bid-ask spread.

CoinDesk previously reported that three tracked US Dogecoin exchange-traded funds attracted only a little over $12 million in aggregate net inflows over roughly ten months. BWOW had reported less than $1 million in assets by early September. Those are dated fund-industry figures rather than the current market capitalization of DOGE, which is a separate measure.

The key concept is the difference between the underlying token and a financial wrapper. DOGE can continue trading on crypto exchanges even if one ETF closes. An ETF, however, has administration, custody, audit, exchange and distribution costs, so small funds can become commercially uneconomic regardless of whether the asset has active retail trading.

Investors should verify their exact fund ticker and broker instructions. Liquidation can affect taxes, settlement and the spread paid to exit a position. The sponsor's documents take precedence over social-media posts that confuse a fund closure with a token collapse.

Today's story reports the expected schedule in the September SEC notice; it does not claim the close has already been completed. Check the issuer and exchange for any amendments before acting. RecoupRev's memecoin ETF guide examines the economics behind such closures.