NYSE Arca Approves Bitwise Dogecoin ETF for Trading
- Bitwise launches Dogecoin ETF on NYSE Arca.
- Regulated exposure to Dogecoin price performance.
- Potentially increases institutional DOGE adoption.
Bitwise Asset Management’s Dogecoin ETF begins trading on NYSE Arca under ticker BWOW following approval on November 12, 2025, offering regulated exposure to Dogecoin with Coinbase Custody’s support.
The ETF launch signifies institutional confidence in Dogecoin, potentially boosting its liquidity and adoption amidst rising demand for regulated crypto investment vehicles.
NYSE Arca has approved Bitwise Asset Management’s Dogecoin ETF for trading, marking a significant development. The ETF, trading under the ticker BWOW, facilitates regulated exposure to Dogecoin, aligning with the increasing market demand.
Bitwise Asset Management, led by CEO Hunter Horsley, is spearheading this initiative. The ETF uses Coinbase Custody for asset storage. Previously known for its meme-coin origins, Dogecoin is now entering more mainstream markets.
The ETF launch is set to impact market participants by providing a regulated vehicle for Dogecoin investment. Rising demand for such products highlights institutional interest, which may contribute to enhanced liquidity and adoption.
Financial implications include increased Dogecoin market liquidity and potential price stability. The ETF does not adhere to the Investment Company Act of 1940, mirroring direct DOGE holding characteristics.
Hunter Horsley, CEO, Bitwise Asset Management, noted, “The Bitwise Dogecoin ETF (BWOW) provides regulated exposure to Dogecoin, aiming to track DOGE’s price performance.”
The introduction of spot Dogecoin ETFs follows in the footsteps of major cryptocurrencies like BTC and ETH. Historically, such launches have improved institutional acceptance, an effect anticipated from Banx ETFs. Eric Balchunas Discusses Stock Market Dynamics and ETFs provides additional context on this trend.
Regulatory compliance with U.S. securities laws ensures public confidence in the ETF, supported by the SEC and NYSE Arca’s certification. This development reflects growing mainstream acceptance of meme coins in traditional financial markets.
