Bitwise Dogecoin ETF
Issued by Bitwise. Traded since 26 Nov 2025 on NYSE. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.
Holds Dogecoin research file →
Koers
Against the asset it holds
Total return of the fund, distributions included, beside the change in the asset over exactly the same dates. The difference is what holding the wrapper cost or gained against holding the asset. Over a full year it should sit close to minus the expense ratio; anything further away has another cause.
| Window | Van | BWOW | DOGE | Difference |
|---|---|---|---|---|
| 1 month | 08 Sep 2026 | -6.28% | -6.77% | +0.50 pp |
| 3 months | 09 Jul 2026 | +14.74% | +15.27% | -0.53 pp |
| 6 months | 09 Apr 2026 | -10.79% | -9.35% | -1.44 pp |
| Year to date | 31 Dec 2025 | -28.53% | -28.40% | -0.13 pp |
| Since first trade | 26 Nov 2025 | -46.13% | -45.72% | -0.41 pp |
Both lines start at 100 where the chosen range begins. A gap that opens between them is the cost, or gain, of holding the asset through the fund.
Trading
Fund facts
The issuer’s own page for this product, with its prospectus: bwowetf.com ↗
Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.
| Product | Uitgever | Vergoeding | Assets | 1 jaar | Against DOGE |
|---|---|---|---|---|---|
| GDOGGrayscale Dogecoin Trust ETF | Grayscale | 0.35% | — | — | |
| TDOG21Shares Dogecoin ETF | 21Shares | 0.50% | — | — | |
| BWOWBitwise Dogecoin ETF | Bitwise | 0.34% | — | — |
A blank in the one-year columns means the product has traded for less than a year; it is not a zero.
In the issuer’s words
BWOW provides exposure to the value of Dogecoin (DOGE) held by the trust, less liabilities and expenses. It intends to provide investors with an efficient way to invest in the dog-themed crypto token through an ETF wrapper. The fund is passively managed with its holdings valued daily based on the CF Dogecoin-Dollar US Settlement Price, a once-a-day USD-denominated pricing benchmark for DOGE. The benchmark aggregates the executed trade flows of major Dogecoin trading platforms and calculates an Indicative Trust Value (ITV), published per share every 15 seconds during regular exchange hours. DOGE may be used to purchase goods and services or be converted to fiat currencies, but its primary function is an open-source peer-to-peer digital currency and not a store of value. The Trust may hold Dogecoins in multiple wallets featuring safety measures such as multi-layer cold storage, encrypted private keys, whitelist, and audit trails. The fund entails high volatility and risk to any investor.
The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.
What these figures cannot tell you
We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.
Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.
A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.
A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.