Bitwise Dogecoin ETF Enters Scheduled Liquidation Phase
Bitwise's BWOW Dogecoin ETF has reached its liquidation date, triggering cash redemptions for remaining holders.
Bitwise's BWOW Dogecoin ETF has reached its liquidation date, triggering cash redemptions for remaining holders. Dogecoin (DOGE) is trading at ₹7.36 ($0.0776), down 2.3% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Fri, 23 Oct 2026 23:00:01 UTC.
The liquidation marks the end of one of the first regulated Dogecoin investment vehicles, reflecting shifting institutional interest in meme coins amid market uncertainties.
- Bitwise BWOW Dogecoin ETF liquidated on October 22 as scheduled.
- Remaining shareholders will receive cash based on NAV.
- DOGE price remains stable despite ETF liquidation.
Bitwise's BWOW 
Dogecoin ETF has entered its scheduled liquidation phase as of October 22, with the process now underway to redeem the remaining assets for cash. This marks the formal end of the exchange-traded fund, which was one of the first regulated investment vehicles for Dogecoin.
The liquidation comes amid a period of market uncertainty for meme coins, with Dogecoin's price showing modest volatility in recent weeks. Despite the ETF's liquidation, DOGE has maintained relative stability, currently trading at $0.079355 with a 24-hour increase of 0.67%.
According to DeFiLlama, the circulating supply of CASH is $127.7M, which may be relevant as the ETF's assets are converted to cash for distribution. The broader crypto market remains flat, with a total market cap of $2.79T and a Fear & Greed index of 50, indicating a neutral sentiment.
The liquidation of the BWOW Dogecoin ETF reflects the evolving landscape of crypto investment products, as institutional interest shifts and regulatory considerations come into play. The move may also influence investor sentiment towards other meme coins and similar investment vehicles.
Looking ahead, the distribution of assets to shareholders will be a key development to watch, as it will provide further insight into the ETF's final valuation and the impact on investor returns. The stability of DOGE during this process may also be indicative of the coin's resilience in the face of changing market dynamics.
Since this brief published about 2 hours ago, Dogecoin (DOGE) has moved from ₹7.53$0.0794 to ₹7.36$0.0776 — -2.27%.
The chart plots DOGE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 DOGE ≈ ₹7.89 (about $0.0776), down 1.2% over 24 hours. The rupee itself trades about 7.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitwise Dogecoin ETF Enters Scheduled Liquidation Phase — questions & answers
What happens to Bitwise's Dogecoin ETF now?
The ETF enters liquidation, with remaining shareholders receiving cash based on the fund's net asset value.
How is Dogecoin's price reacting to the ETF liquidation?
DOGE price has remained stable, currently at $0.079355 with a 0.67% 24-hour increase.
What is the significance of the ETF liquidation?
It marks the end of one of the first regulated Dogecoin investment vehicles, reflecting shifting institutional interest.
How much is 1 Dogecoin worth in rupee today?
About ₹7.89 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.0776. The rupee price moves with both DOGE's US-dollar price and the USDT/INR rate; use our Dogecoin in rupee page for any amount.
Has Dogecoin's price moved since this brief was published?
DOGE is down 2.27% since this brief first published — trading at ₹7.36 ($0.0776) now versus ₹7.53 ($0.0794) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.