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Bitwise Announces Liquidation of Dogecoin ETF BWOW, Final Trading Day Set for October 14
Odaily reports that Bitwise Investment Advisers has announced the liquidation and closure of the Bitwise Dogecoin ETF BWOW, effective as of September 10. Bitwise stated that this move is part of its ongoing efforts to optimize its product lineup and adapt to changing investor demand.BWOW is expected to complete its final trading day on NYSE Arca on October 14 and cease operations. Remaining shareholders will receive cash liquidation proceeds on October 22 based on the fund's net asset value per share as of October 21.
Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin
Odaily Planet Daily News Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
Dogecoin Integrates into Paxos Enterprise Network, Potentially Gaining Indirect Access to PayPal and Venmo Ecosystems
Odaily reports that House of Doge, an organization associated with Dogecoin (DOGE), has announced a partnership with regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-grade crypto brokerage and custody network.Paxos serves as the underlying blockchain infrastructure provider for payment platforms such as PayPal, Venmo, and Mercado Libre. These platforms leverage Paxos's capabilities to offer users crypto asset buying, selling, and custody services. This initial partnership is focused on enterprise clients, and it remains unclear whether it will expand to consumer-facing applications in the future. Marco Margiotta, CEO of House of Doge, stated that this collaboration will accelerate Dogecoin's global accessibility and provide a compliant entry path for mainstream fintech platforms.Paxos stated that the move aims to provide secure and compliant access to digital assets through its regulated infrastructure, and to support enterprise clients in expanding their crypto asset product lines. (The Block)
Revolut Launches First Physical Crypto Card with Dogecoin Theme
Odaily reports that fintech company Revolut has announced the launch of its first physical crypto debit card, featuring a Dogecoin theme and an LED display that lights up when users tap to pay.The card is usable at merchants that accept Visa and Mastercard, and will initially be rolled out in the UK and the European Economic Area.This launch comes amid sustained growth in crypto card usage. Platforms such as Crypto.com, Coinbase, and Binance are all expanding their crypto card services, while Gemini also regards its credit card business as a key source of revenue growth. Data shows that daily transaction volumes for crypto cards have repeatedly exceeded 100,000 in recent times, indicating that payment scenarios within the industry are continuing to expand.
Shareholders of Nasdaq-listed Brag House Approve Merger Proposal with Dogecoin Official Entity with 98% High Vote
Odaily News: Nasdaq-listed company Brag House Holdings announced that its shareholders approved the merger proposal with Dogecoin Foundation's official entity, House of Doge, with over 98% of the votes. The two parties plan to subsequently launch a listed platform connecting sports, digital finance, and blockchain infrastructure, integrating Brag House's resources in collegiate sports and media. (Globenewswire)
Wall Street Shows "Limited Enthusiasm" for New Dogecoin ETF Product
Odaily News: Cryptocurrency asset management firm 21Shares has launched a new Dogecoin (DOGE) ETF, further integrating the meme coin into the traditional financial system. The ETF began trading on Nasdaq on Thursday under the ticker symbol TDOG.21Shares stated that this is the latest addition to its crypto ETF product line, following previous launches of ETFs related to Bitcoin, Ethereum, Solana, and XRP. The company also emphasized that it is the only ETF issuer endorsed by the House of Doge, an institution under the Dogecoin Foundation.Despite this, overall market demand for meme coin ETFs remains relatively restrained. Data shows that the first U.S. Dogecoin ETF was launched in September last year, with cumulative trading volume reaching approximately $200 million to date, indicating that Wall Street's interest in allocating to meme coins is still limited.21Shares stated that TDOG aims to provide investors with a compliant, physically-backed investment channel for DOGE, lowering the barrier to entry through the ETF structure. The Dogecoin Foundation added that this product will help promote the further adoption of Dogecoin within mature financial frameworks.
Grayscale discloses details of the Dogecoin ETF: Current Dogecoin holdings are approximately 11.136 million coins.
According to Odaily Planet Daily, digital asset management company Grayscale has officially disclosed details of its Dogecoin ETF. Currently, the Grayscale Dogecoin Trust ETF (GDOG) holds a total of 11,136,681.421 Dogecoin tokens, with assets under management of approximately $1.546 million. All Dogecoin assets in this ETF are custodied by Coinbase Custody.
Analysts expect the Bitwise XRP ETF to begin trading on Thursday, and the Grayscale Dogecoin ETF is expected to list next week.
According to Bloomberg analyst James Seyffart, new ETFs tracking XRP and Dogecoin are expected to debut in the coming trading days. He stated that Bitwise's XRP ETF (ticker symbol: XRP) is likely to begin trading on Thursday. Meanwhile, Grayscale and Franklin Templeton's XRP funds, as well as Grayscale's Dogecoin ETF, could list as early as next Monday. These listings follow the recent launches of several altcoin funds, such as Canary Capital's XRP fund (XRPC), which saw $58 million in net investments on its first day, surpassing the first-day performance of the Bitwise Solana ETF. Currently, 11 Bitcoin funds listed in the US manage over $130 billion in assets.
The first phase of the Gate Contract Points airdrop has begun. Receive DogeCoin (DOGE) for a limited time.
According to an official announcement from Odaily Planet Daily, Gate will launch its first round of contract points airdrops at 7:00 PM (UTC+8) on October 17th. The airdrop token will be DogeCoin (DOGE). This event utilizes a high- and low-tiered system. To claim, holders must hold 12 or more Gate contract points. Spending 10 Gate contract points will earn you 152 DOGE. A limited supply is available on a first-come, first-served basis. The airdrop will be redeemed from 7:00 PM to 11:59 PM (UTC+8) on October 17th. Rewards will be distributed to your spot account or unified account within approximately one hour of successful claiming. Gate Contract Points are generated based on users' contract transaction data within the platform. Points are the cumulative daily points accumulated over the past 15 days. Points determine a user's eligibility for token airdrops, TGE subscriptions, and limited-time events. Higher points also grant more exclusive benefits. To participate, you must update the app to version 7.24 or higher. The web version is also available.
Trump Family-Affiliated Company Thumzup Explores Integration of Dogecoin into Payment Services
According to Odaily Planet Daily, Donald Trump Jr., the social media company invested in by Trump's eldest son and holding cryptocurrency reserves, Thumzup Media Corporation, announced that it is actively exploring and developing the integration of Dogecoin (DOGE) as an alternative payment mechanism for users of its Thumzup app. Introducing Dogecoin as a reward option will enable Thumzup to bypass traditional banking, reduce transaction costs, and achieve near-instant settlement of small cross-border payments. (PRNewswire)
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