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Key Takeaways
- Final trading is expected October 14.
- Cumulative outflows reached about $1.23 million.
- Fund assets remained below $700,000.
- BWOW charged the group’s lowest fee.
- Remaining shareholders will receive cash automatically.
BWOW will continue trading through October 14
Bitwise Investment Advisers announced on September 10 that it will close and liquidate the Bitwise Dogecoin ETF, which trades on NYSE Arca under the ticker BWOW.
According to the official liquidation announcement, the fund’s last trading day is expected to be October 14. Trading will stop before the market opens on October 15, when the creation of new shares will also end.
Bitwise said it was closing BWOW as it sought to “optimize its product range to meet evolving investor needs.” The company did not identify weak demand, operating costs or fund performance as the specific reason. The fund’s assets and t...
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