Coinspeaker
Nov 25, 2025
4 0

Bitwise Teases DOGE ETF, Grayscale’s GDOG Records No First-Day Inflows

Bitwise to Launch Dogecoin ETF

  • Bitwise Asset Management announced plans for a Dogecoin exchange-traded fund (ETF), BWOW.
  • The registration statement is filed but awaits SEC approval for marketing and sales.
  • This ETF aims to provide US investors regulated exposure to Dogecoin.

Grayscale's GDOG Debut

  • Grayscale's GDOG, the first spot Dogecoin ETF, launched with zero inflows on its first day.
  • Similarly, Canary Capital's XRPC ETF saw no initial inflows but reached $243.05 million the next day.

Regulatory Timeline

  • Bitwise resubmitted its S-1 registration, triggering a potential 20-day approval window.
  • The Bitwise DOGE ETF could be effective by Nov. 26, 2025, barring SEC intervention.

DOGE Price Analysis

  • DOGE is maintaining support between $0.13–$0.14, trading within a descending channel.
  • A breakout above $0.16 could lead to a target of $0.18 initially.
  • Indicators are mixed: RSI near 40, MACD showing flattening momentum.
  • Bullish target could reach $0.21; failure to hold support might see $0.12 revisited.