TLDRBitwise will close its Dogecoin ETF after weak demand, with final trading scheduled for October 14.CEO Hunter Horsley says ETF investors have different preferences from people trading through cryptocurrency applications.The Dogecoin ETF held approximately $725,870 in assets on October 7 despite launching in November 2025.Bitwise’s Solana staking fund reached approximately $1.3 billion in assets, contrasting with Dogecoin’s weak demand.Bitwise plans further AI investment products while its recently launched NEAR ETF attracts investor interest.Bitwise CEO Hunter Horsley said the company’s planned Dogecoin ETF closure reveals differences between traditional fund buyers and crypto app users. He discussed weak demand at Digital Asset Summit 2026 Asia on Thursday.The Bitwise Dogecoin ETF (BWOW) began trading on NYSE Arca in late November 2025. Trading ends October 14, with cash distributions expected around October 22. SoSoValue reported roughly $725,870 in assets on October 7 and $51,480 in September trading volume.Dogecoin ETF Struggles to Attract Fund BuyersHorsley described the result as “tragic” despite personally holding Dogecoin. He said the cryptocurrency has an identity, but that did not translate into demand for ETF shares. He rejected the suggestion that Bitwise chose the wrong audience.He said ETF customers differ from people buying coins through crypto apps. In a separate interview this week, Horsley said investor attention remains a barrier to crypto adoption. He said reaching busy investors remains difficult.Solana and NEAR Funds Take Different PathsHorsley contrasted BWOW with the Bitwise Solana Staking ETF (BSOL), with approximately $1.3 billion in assets. He credited staking for helping the product, while saying investors mainly sought Solana exposure.He linked that interest to growing activity involving stablecoins, tokenized assets and onchain services. He said those developments, rather than staking rewards alone, explain why buyers seek Solana exposure.Bitwise also launched its NEAR ETF (NRR) in late September. A recent report said the NEAR ETF attracted $58 million during its first week. Horsley linked interest in NEAR to services that support transfers across different blockchains.AI Plans Shape Bitwise’s Next ProductsNEAR Intents allows users and automated software agents to exchange assets across networks without managing bridges themselves. Horsley said growing use of AI agents could bring more demand for those services.The firm has filed for two other products. An August filing covers its AI Cyber Defense ETF, while a September filing covers its AI Bond ETF. Neither application alone guarantees a launch.The wider crypto sector is developing AI tools for users and traders. Binance introduced new AI services this week, including features aimed at market information and automated trading.For a five-year investment period, Horsley named Bitwise’s BITW and BITQ index funds. He said these products give investors exposure to a changing market without selecting each cryptocurrency or company themselves.The post Dogecoin ETF Closure Reveals Divide Among Investors appeared first on Blockonomi.