NYSE Arca Clears Bitwise Dogecoin ETF for Trading Today After Grayscale’s Slow Start 🚀

Bitwise’s BWOW Dogecoin ETF will begin trading today after receiving official approval from NYSE Arca. The launch arrives just days after Grayscale’s DOGE ETF debuted with unexpectedly weak volume, raising expectations that Bitwise may see a stronger start.

🔑 Key Highlights

✅ NYSE Arca approves Bitwise’s BWOW Dogecoin ETF for trading today

✅ Grayscale’s DOGE ETF recorded only 1.4M in first day trading volume

✅ Analysts expect Bitwise to outperform Grayscale’s slow debut

Why it matters

NYSE Arca has certified Bitwise’s Dogecoin ETF for listing, allowing trading to begin later today under the ticker BWOW. Bitwise announced the news on X, highlighting Dogecoin’s growing market presence as the tenth largest crypto asset with a 22 billion dollar valuation and over 1 billion dollars in daily volume.

BWOW is registered under the Securities Act of 1933 and will offer institutional and retail investors regulated exposure to Dogecoin. Coinbase Custody Trust will hold the fund’s assets. The SEC had previously delayed its decision on the Bitwise $DOGE ETF to November 12, 2025, extending the review far beyond initial expectations.

Bitwise may soon be joined by 21Shares, which recently updated its filing and appeared on the DTCC list, signaling an upcoming launch.