[Bitwise's BWOW Dogecoin ETF Reaches Liquidation Date on October 22, Holders to Redeem in Cash] Jinse Finance reports that Bitwise's BWOW Dogecoin ETF has reached its scheduled liquidation and distribution date of October 22. Remaining holders will receive cash redemptions based on the fund's applicable net asset value (NAV), rather than through normal market trading. Bitwise informed investors in September that BWOW would cease trading on the NYSE Arca after October 14, and subsequently planned to liquidate the portfolio and distribute the remaining holdings through investors' brokerage accounts, valued at the NAV as of October 21; SEC filings indicate the distribution is expected around October 22. Bitwise stated that this closure is a decision to optimize its product range. Holders of remaining shares will receive cash at the applicable NAV, subject to normal brokerage processing arrangements and regulatory terms. Note: ETF closure does not mean the disappearance of the underlying Dogecoin; DOGE will continue to trade normally in the market; cash redemptions may result in taxable events in some cases.