Dogecoin: Bitwise pays out in cash on 22 October, what it means for your coins

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The Dogecoin fund BWOW is being wound down, and on 22 October the money reaches the last shareholders. What is left of the US fund market, and why in Germany it is the product wrapper that decides the tax.Next Thursday ends a story that began in January to considerable applause. On 22 October 2026 Bitwise pays out the last shareholders of its Dogecoin fund BWOW in cash. The net asset value of 21 October is what counts, and the security has not been tradable since 14 October. For the price of Dogecoin this has so far been a non-event: the coin stands at $0.0803 on Saturday midday, 2.5 percent below the previous day. The wind-down is interesting for another reason: it lays bare how small the regulated fund market for Dogecoin has actually remained after a year of exchange trading. The two largest remaining US products together manage $22.5 million. That is 0.18 percent of Dogecoin's market capitalisation of $12.56 billion, and around 3.7 percent of what changes hands on exchanges ...