Core Insights - The ETF industry has experienced significant growth, achieving record inflows of nearly $1.4 trillion, nearly 1,100 new launches, and record trading volume, referred to as the "ETF Triple Crown" [1] - ETF assets have reached $13.2 trillion, accounting for 37% of the combined assets of mutual funds and ETFs, with predictions that ETF assets will soon surpass mutual fund assets [2] ETF Awards and Trends - The SPDR Portfolio S&P 500 ETF (SPYM) was awarded ETF of the year, having nearly $100 billion in assets and $33 billion in organic flows, outperforming larger competitors [3] - The Vanguard 0-3 Month Treasury Bill ETF (VBIL) was recognized as the favorite new ETF, being the largest by assets among 2025 launches at over $4 billion, demonstrating the continued appeal of low-cost options [4] - The Horizon Landmark ETF (BENJ) was noted for its clever naming, while the Baron First Principles ETF (RONB) and Bitwise Dogecoin ETF (BWOW) received mentions for their unique branding [5] ETF Issuer Recognition - Vanguard was named ETF issuer of the year, launching 15 ETFs and attracting $421 billion, which constitutes one-third of all ETF flows [6] Industry Trends - The concept of "ETF as a Share Class" was highlighted as the story of the year, with 91 filers seeking exemptive relief, indicating a shift in the industry's recognition of ETFs as legally equivalent to mutual funds [7]

21Shares Amends Dogecoin ETF Filing to Reveal Fees & Other Details — Source: CoinGape 21Shares updates its Dogecoin ETF application with the US SEC. The issuer reveals 0.50% as management fee and new custodians. 21Shares Dogecoin ETF hasn't disclose any fee waiver yet. DOGE price skyrocketed more than 11% to above $0.15. 21Shares amended its Dogecoin ETF application with the U.S. Securities and Exchange Commission (SEC) to confirm fees and provide additional details. The spot Dogecoin ETF is exp ...

Core Insights - Bitwise launched its Dogecoin exchange-traded fund (ETF) on the New York Stock Exchange, featuring branding with the iconic cartoon dog [1] - Dogecoin, which started as a joke, has become a significant player in the crypto market, ranking as the ninth-largest digital asset with a market value of approximately $23 billion [3] - The launch of the Bitwise Dogecoin ETF (BWOW) comes amid a competitive landscape, with other Dogecoin ETFs already in the market, including Grayscale's and REX-Osprey's [5] Group 1: Bitwise Dogecoin ETF Launch - The Bitwise Dogecoin ETF is designed to track the price of Dogecoin, with assets held by Coinbase Custody Trust Company, LLC [6] - The ETF's approval was granted by NYSE Arca, part of the NYSE Group, just before its debut [6] - Initial trading volume for Grayscale's Dogecoin ETF was reported at about $1.4 million on its first day [5] Group 2: Market Context and Performance - Dogecoin's popularity surged due to social media endorsements from figures like Elon Musk, which helped elevate it beyond its meme origins [3] - Despite its growth, Dogecoin does not position itself as a complex financial project, focusing instead on user freedom in spending [2] - Following a brief boost in 2025 due to the establishment of a U.S. government unit named after Dogecoin, the price has since retreated to around $0.15 [4]

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].

Another Dogecoin (DOGE) ETF is expected to hit the market soon after NYSE Arca approved the listing and registration of Bitwise’s Dogecoin ETF, BWOW, according to an SEC filing from Tuesday.  BWOW, registered under the Securities Act of 1933, will grant investors exposure to the leading meme coin, with assets to be custodied by Coinbase Custody Trust.  The certification comes just a day after Grayscale launched its spot Dogecoin ETF—GDOG—which earned around $1.4 million in daily trading volume.  Though “sol ...