Bitwise Dogecoin ETF Debut Imminent After Quiet Start for Grayscale DOGE Fund

Overview

Bitwise’s Dogecoin ETF, known as BWOW, has received certification from NYSE Arca, paving the way for investors to trade the fund focused on the popular meme coin. This development follows a quieter launch for the Grayscale DOGE Fund.

What Happened

Bitwise’s Dogecoin ETF, BWOW, has achieved certification from NYSE Arca. This certification is a significant milestone that enables the trading of the Dogecoin-focused fund. As a result, investors will soon have access to this new investment vehicle that centers around Dogecoin, a cryptocurrency that has gained notoriety for its meme origins and community-driven support.

The certification of BWOW is particularly noteworthy as it reflects the growing interest and acceptance of cryptocurrency investment products within traditional financial markets. This move comes in the wake of a more subdued introduction for the Grayscale DOGE Fund, indicating a possible shift in how cryptocurrency funds are being perceived by investors and regulators.

Impact on the crypto market

• The certification of Bitwise’s Dogecoin ETF may enhance investor confidence in cryptocurrency investment products.
• Increased trading opportunities for Dogecoin could lead to greater market participation.
• The move may inspire other financial institutions to explore or launch similar cryptocurrency funds.
• The contrasting receptions of Bitwise’s ETF and Grayscale’s DOGE Fund could influence future fund launches in the crypto space.
• The approval of the ETF underscores the evolving regulatory landscape surrounding cryptocurrencies.

Updated: 11/25/2025, 10:23:41 PM