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Altcoins & DeFi

Dogecoin Before October 14: $0.10 Resistance Meets the BWOW ETF Shutdown

Image: Crypto Daily

Dogecoin is approaching an important October date while trading below $0.09. Bitwise announced on September 10 that it would liquidate the BWOW Dogecoin ETF; the fund’s expected final trading day on NYSE Arca is October 14, with cash distributions expected on October 22, according to the company’s SEC-filed notice . DOGE was quoted at $0.087822 on October 8, leaving it below the immediate $0.09 area and some distance from the $0.10 threshold in focus.

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