DOGE Hero
such crypto

BWOW

Bitwise Dogecoin ETF

The Bitwise Dogecoin ETF offers exposure to Dogecoin, crypto’s first and largest memecoin.

much wow, very doge

The Bitwise Dogecoin ETF (BWOW) is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore is not subject to the same protections as mutual funds or ETFs registered under the 1940 Act. BWOW is not suitable for all investors. BWOW is subject to significant risk and heightened volatility, and an investor may lose their entire investment. An investment in BWOW is not a direct investment in the Dogecoin token.

Exposure to Dogecoin

Launched in 2013 as the original crypto memecoin, DOGE has become a beloved digital collectible embodying the lighter side of crypto, like a home team mascot for crypto enthusiasts. Its appeal lies in what it represents: crypto as a distinct cultural movement.

Professionally Managed ETP

For those seeking exposure to DOGE, the ETP format provides a convenient, professionally managed vehicle for doing so.

All Crypto Since Day One

Bitwise was created to help investors access the opportunities in crypto. We’ve been 100% focused on crypto and the crypto investing community since 2017.

Holdings

Data as of 11/27/2025

Name
DOGE in Trust
Market Value
DOGE per Share
Weight(%)
Name
DOGECOINDOGECOIN
DOGE in Trust
16,429,836.05
Market Value
$2,478,490.06
DOGE per Share
164.298361
Weight(%)
100%

Holdings are subject to change. Current and future holdings are subject to risk.

Net Asset Value (NAV) and Market Price

Data as of 11/25/2025

NAV: $24.78
Market Price: $25.50
NAV Change: $0.56 / 2.24%
Market Price Change: -$0.00 / 0.00%
Median Bid-Ask Spread (30-Day):
To

30 Day Median Bid-Ask Spread: The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.

Performance History

Data as of Invalid Date

Ticker
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Since Inception (Annualized)
Since Inception (Cumulative)
NAV
Market Price

Performance data quoted represents past performance and is no guarantee of future results. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost.
 
Performance of one year or less is not annualized. NAV performance is calculated based on the official closing values as of 4:00 p.m. ET. Market Price performance reflects the midpoint of the bid-ask spread as of 4:00 p.m. ET, and does not represent the returns an investor would receive if shares were traded at other times. Fund returns are calculated net of expenses.

Premium / Discount

Data as of 11/25/2025

NAV
Market Price
Difference
Premium/ Discount
$24.78
$25.50
$0.06
-0.23%
Q4 2025
2025
Days Traded at NAV
Q4 20250
20250
Days Traded at Premium
Q4 20250
20250
Days Traded at Discount
Q4 20251
20251

About BWOW

Fund Details

Data as of 11/27/2025

Ticker

BWOW

Net Assets (AUM)

$2,478,490

Administrator

Bank of New York Mellon

Fund Type

ETP

Daily Volume (Shares)

100,000

Marketing Agent

Foreside Fund Services, LLC

CUSIP

09175Q102

Net Expense Ratio*

0.00%

Legal Counsel

Chapman and Cutler, LLP

ISIN

US09175Q1022

Gross Expense Ratio*

0.34%

Auditor

KMPG

Exchange

NYSE Arca

Inception Date

November 25, 2025

Trust Custodian

Bank of New York Mellon

Shares Outstanding

100,000

Sponsor

Bitwise Investment Advisers, LLC

Digital Asset Custodian

Coinbase Custody Trust Co., LLC

* For a period of one month commencing on the day the Shares are initially listed on the Exchange, the Sponsor has agreed to waive the entire Sponsor Fee on the first $500 million of Trust assets. After that time, the Sponsor’s Fee will be 0.34%. Brokerage and commission costs may apply.

Fund Materials

pdf

Fact Sheet

View
pdf

Prospectus

View
link

Press Release

View
link

SEC Filings

View
pdf

Bitwise Regional Contacts

View

Frequently Asked Questions

Learn more about BWOW today.

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