NYSE Arca has authorised Bitwise’s Dogecoin ETF fund for launch in the present day. This comes after Grayscale’s fund debuted on Monday however has had a really gradual begin out there after a full day of buying and selling.
Bitwise’s Dogecoin ETF to Begin Trading Today
The agency’s DOGE ETF will start buying and selling following NYSE Arca’s certification of the fund’s itemizing and registration. It would commerce underneath the ticker BWOW on the platform later in the present day.
Bitwise confirmed the itemizing in a public announcement on X. The agency shared that Dogecoin’s market presence wants a regulated funding automobile. The coin is now the tenth largest crypto asset with a $22 billion valuation and greater than $1 billion in every day buying and selling quantity.
Introducing the Bitwise Dogecoin ETF. $BWOW begins buying and selling tomorrow.
We weren’t anticipating to launch this product, however the $DOGE neighborhood requested, nay demanded, this.
Dogecoin is:
– Seventh-largest crypto asset by market weight (as of 11/25/25)
– $22B market cap
– $1B traded… pic.twitter.com/szf1s72kdl— Bitwise (@BitwiseMake investments) November 25, 2025
BWOW is registered underneath the Securities Act of 1933 and can present institutional and retail buyers with publicity to the value efficiency of Dogecoin. Coinbase Custody Trust would be the custodian for the fund’s property.
The launch comes after the SEC delayed its decision on the Bitwise Dogecoin ETF to November 12, 2025. This primarily extended the assessment interval effectively past the usual window. NYSE Arca had additionally initially submitted the proposal in March.
21Shares could join Bitwise quickly in launching the meme coin product. The agency just lately amended its submitting with the SEC to hasten its debut. Also, the fund just lately secured a list on the DTCC web site which additionally means it might begin buying and selling quickly.
Dogecoin Price Stalls Despite Grayscale’s ETF Launch
The worth of the meme coin has hardly reacted for the reason that launch of the fund. The coin has remained within the pink, falling about 1% within the final 24 hours. Over the final month, it has declined greater than 27%.
The Grayscale Dogecoin ETF has had a tough time getting investor traction. Bloomberg analyst Eric Balchunas had predicted that the product would see at the least $12 million in buying and selling quantity on its first day.
However, the fund noticed solely $1.4 million. Balchunas described the gradual response as “The further away you get from BTC, the less asset there will be.”
Experts are predicting the Bitwise fund might do higher than Grayscale’s gradual starting. This might primarily pump the token’s worth.
Meanwhile, the REX-Osprey DOGE ETF, launched earlier in September, has adopted a extra lively administration strategy. Despite its headstart, although, the fund at the moment manages nearly $25 million in property.
