Bitwise Dogecoin ETF Reaches Scheduled Liquidation As Holders Face Cash Redemption

TL;DR: Bitwise’s BWOW Dogecoin ETF reached its announced October 22 liquidation distribution date, with remaining shareholders due cash based on the fund’s net asset value. For investors who held the Bitwise Dogecoin ETF past its final day of trading, the exit is now a cash-redemption process rather than a normal market order. The fund's previously announced liquidation calendar points to October 22 for distribution of proceeds to remaining holders. Bitwise told investors in September that BWOW would cease trading on the NYSE Arca after October 14.