Bitwise’s Dogecoin ETF ‘BWOW’ Approved for Launch

The meme is moving further into the mainstream. The Bitwise Dogecoin ETF, ticker symbol BWOW, has been certified for listing by NYSE Arca and could start trading as soon as Wednesday.

The approval positions Bitwise as the latest major asset manager to offer a spot Dogecoin ETF, hot on the heels of Grayscale’s own launch.

With Coinbase named as the custodian, the BWOW fund aims to give investors a straightforward bet on the value of the iconic memecoin, expanding the accessibility of digital assets on traditional exchanges.