Bitwise Dogecoin ETF (BWOW)

The Bitwise Dogecoin ETF (BWOW) is a spot cryptocurrency fund that holds Dogecoin directly and seeks to track the price of Dogecoin, less fund expenses. It gives investors exposure to the token through a standard brokerage account without needing to use a crypto exchange or manage a digital wallet.

Dogecoin is a proof-of-work cryptocurrency created in 2013 that began as an internet meme and grew into one of the most widely traded digital assets. The fund's Dogecoin is held with a third-party custodian.

BWOW is sponsored by Bitwise Asset Management, a San Francisco-based crypto asset manager that also runs spot bitcoin, ether and other digital asset funds, and trades on NYSE Arca.