Bitwise Asset Management Unleashes the Bitwise Dogecoin ETF (NYSE: BWOW)

Core Insights - Bitwise Asset Management has launched the Bitwise Dogecoin ETF (NYSE: BWOW), which will begin trading on November 26, 2025, allowing investors to gain exposure to Dogecoin in an exchange-traded product format [1][3]. Company Overview - Bitwise Asset Management is a global crypto asset manager with over $15 billion in client assets and offers more than 40 crypto investment products, including ETFs and private funds [4]. - The firm has an eight-year track record and serves over 4,000 private wealth teams, RIAs, family offices, and institutional investors, along with 15 banks and broker-dealers [4]. Product Details - The management fee for the Bitwise Dogecoin ETF is set at 0.34%, with a promotional fee of 0% for the first month on the first $500 million in assets [3]. - Dogecoin, created in 2013, is currently the seventh-largest cryptocurrency by market capitalization, valued at approximately $22 billion, with $1 billion traded daily on centralized exchanges [8]. Market Context - Dogecoin started as a meme and has maintained its relevance and value over the years, appealing to a community of millions of holders who seek exposure to crypto assets [2]. - The ETF aims to cater to the demand from Dogecoin holders for a more structured investment vehicle [2].