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Bitwise just dropped BWOW on the NYSE—a DOGE-focused fund now sitting on 16.43 million tokens. Here's the kicker: they're running a 0.34% management fee, but it's completely waived as part of their promotional push. The deal stays active until they either hit $500M in assets or one month passes, whichever comes first.
This marks another institutional player making moves in the meme coin space. While fee waivers aren't unusual for new fund launches, the timing coincides with renewed interest in dog-themed tokens. Worth watching how quickly that AUM threshold gets tested—or if retail appetite's strong enough to get there before the clock runs out.