Bitwise's Dogecoin ETF announced initial holdings of approximately 16.429 million DOGE, with a management fee of 0.34%.

Odaily Planet Daily reports that crypto asset management company Bitwise Asset Management has announced its plan to list the Bitwise Dogecoin ETF (NYSE: BWOW) today. The official details of the ETF are as follows: BWOW currently holds 16,429,836.05 DOGE tokens (custodied by Coinbase Custody), with a market value of $2,499,996.71 and a management fee of 0.34%.

In addition, Bitwise stated that BWOW will waive management fees if its assets under management reach $500 million or within one month (whichever comes first).