Dogecoin News Today: DOGE Drops As Bitwise Liquidates ETF

11-Sep-2026 CoinGabbar

Dogecoin News Today: Bitwise Shuts Down Its Dogecoin ETF (BWOW)

The biggest crypto news today comes straight from Wall Street, and it touches every DOGE holder watching the charts. 

Bitwise Asset Management confirmed the most significant Dogecoin news today update of the week: the firm will liquidate and close its Dogecoin ETF, listed on NYSE Arca under the ticker BWOW. 

The announcement, made through an official press release on September 10, 2026, sets a firm wind-down timeline and has already rattled sentiment around Dogecoin price today. As of this writing, DOGE trades near $0.08406, down 2.3% in the past 24 hours.

Why Is Bitwise Closing Dogecoin ETF (BWOW)?

Bitwise did not point to any single external trigger behind the Dogecoin ETF shutdown October 2026 decision. In its filing, the firm said it continues to optimize its product lineup to match evolving investor needs. 

Bitwise Investment Advisers, LLC is the fund's sponsor, and Foreside Fund Services, LLC serves as its marketing agent. 

The move confirms the BWOW closure timeline first disclosed through Bitwise's own channels, making it one of the more talked about pieces of Dogecoin news today for BWOW holders.

It has coordinated directly with NYSE for an orderly NYSE Arca delisting, meaning the Dogecoin NYSE Arca listing will wind down on a fixed schedule rather than an abrupt halt. 

Shareholders do not need to take any action; the fund itself will handle the conversion of holdings and the final payout automatically.

A separate 8-K filing with the SEC confirms the same timeline and shows BWOW first began trading on November 26, 2025, putting its closure just under ten months after launch.

Dogecoin ETF BWOW Last Trading Day and Key Dates

Here is when does Dogecoin stop trading, according to Bitwise's official timeline:

  • September 10, 2026: Official announcement of the Dogecoin liquidation

  • October 14, 2026: Last trading day on NYSE Arca; new share creation ends before market open on October 15

  • October 21, 2026: Net asset value (NAV) calculated for the final distribution

  • October 22, 2026: Cash payout sent to remaining shareholders

This confirmed Bitwise Dogecoin ETF liquidation date 2026 schedule leaves shareholders roughly five weeks to sell in the open market before the fund exits entirely.

Dogecoin Price Today: Live Market Snapshot

Tracking Dogecoin price today after liquidation news shows a clear reaction across major exchanges. The table below reflects live figures from CoinGecko:

Metric

Value

Current Price

$0.08406

24H Change

-2.3%

24H Range

$0.08275 to $0.08604

Market Cap

$13.098B

24H Trading Volume

$749.308M

Circulating Supply

155.867B DOGE

CoinGecko Dogecoin Price page

Source: CoinGecko Doge Price As of 11 Sept 2026 11:19 AM IST

The Dogecoin price drop lines up with the timing of Bitwise's announcement, though broader crypto market conditions are also a factor. 

This DOGE price news adds to a volatile stretch for the token, and Dogecoin market cap has slipped alongside the wider sell-off to just above $13 billion

Analysts tracking the crypto ETF liquidation note that BWOW was a relatively small fund, so the price impact likely reflects sentiment more than direct sell pressure from the fund's own holdings.

Crypto news outlet WuBlockchain also covered this news in a post on X, flagging the closure to its followers shortly after the filing went public.Wublockchain Official Tweet

Expert Opinion

Market analysts view the Bitwise Dogecoin ETF liquidation as part of a broader trend of issuers trimming lower demand products, a pattern that is now feeding fresh memecoin ETF news across the sector rather than signaling anything specific to Dogecoin's long term prospects. 

The crypto ETF shutdown pattern seen with BWOW could repeat across other niche funds if trading volumes stay thin, analysts suggest. 

Some also point out that this Bitwise shutdown fits the firm's history of regularly reviewing its product lineup. 

For now, the wider crypto news cycle treats this as a routine business decision by Bitwise rather than a regulatory or DOGE specific concern. Investors are encouraged to watch official Bitwise communications for further updates.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments, including ETFs tied to digital assets, carry risk, and prices may fluctuate significantly. Readers should consult the fund's official prospectus and a licensed financial advisor before making investment decisions.

Also read: Bitcoin Red Team Claims Blockstream Ignored Warnings Before Hack
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