Key stats
About Bitwise Dogecoin ETF
Home page
Inception date
Nov 25, 2025
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Bitwise Investment Advisers LLC
ISIN
US09175Q1022
BWOW provides exposure to the value of Dogecoin (DOGE) held by the trust, less liabilities and expenses. It intends to provide investors with an efficient way to invest in the dog-themed crypto token through an ETF wrapper. The fund is passively managed with its holdings valued daily based on the CF Dogecoin-Dollar US Settlement Price, a once-a-day USD-denominated pricing benchmark for DOGE. The benchmark aggregates the executed trade flows of major Dogecoin trading platforms and calculates an Indicative Trust Value (ITV), published per share every 15 seconds during regular exchange hours. DOGE may be used to purchase goods and services or be converted to fiat currencies, but its primary function is an open-source peer-to-peer digital currency and not a store of value. The Trust may hold Dogecoins in multiple wallets featuring safety measures such as multi-layer cold storage, encrypted private keys, whitelist, and audit trails. The fund entails high volatility and risk to any investor.
Related funds
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BWOW trades at 24.36 USD today, its price has risen 3.84% in the past 24 hours. Track more dynamics on BWOW price chart.
BWOW net asset value is 24.74 today — it's fallen 0.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BWOW assets under management is 2.20 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BWOW fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BWOW invests in cash. See more details in our Analysis section.
BWOW expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BWOW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, BWOW doesn't pay dividends to its holders.
BWOW trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BWOW shares are issued by Bitwise Asset Management, Inc.
BWOW follows the DOGE/USD Exchange Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 25, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.