Bitwise to liquidate Dogecoin ETF BWOW after less than a year over low demand

🚨 Bitwise will shut down its Dogecoin ETF BWOW after less than a year on the market.
💡 Trading ends October 14 and cash distributions are slated for October 22.
🐕‍🦺 Low capital inflows and declining volume led to BWOW’s closure as $DOGE slipped 2.6%.
📉 Bitwise manages $9 billion across 70+ crypto funds, including those on Bitcoin and Ether.

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