Bitwise’s BWOW Dogecoin ETF, which traded on NYSE Arca, reached its scheduled liquidation date. Trading in the fund ceased after October 14, before its portfolio was liquidated using the net asset value calculated on October 21. Shareholders who remained in the fund are due to receive the proceeds through their brokerage accounts, with distributions expected on or around October 22. The closure does not affect the Dogecoin protocol or broader market, as the cryptocurrency continues trading independently of the ETF.
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