According to the source, NYSE Arca has certified Bitwise’s Dogecoin ETF with ticker BWOW, indicating the exchange has approved the fund for listing (source: the source). Under NYSE Arca and SEC procedures, trading can begin only after NYSE Arca posts an official listing notice and the fund’s registration statement is declared effective, so the start date remains pending until those documents are published (source: NYSE Arca and SEC procedures). For trade setup, certification signals authorized participants and market makers can prepare for creation/redemption and opening-day liquidity provision, which enables ETF-NAV arbitrage once trading begins (source: SEC ETF framework and NYSE Arca listing process). The source did not disclose a listing date, fee structure, or creation unit size, which are key inputs for day-one spreads and liquidity and should be confirmed in the final prospectus before positioning (source: the source; SEC prospectus requirements).

According to Farside Investors, the latest Bitcoin ETF daily flow data shows a $7.5 million outflow from the Grayscale Bitcoin Trust (GBTC) as of April 25, 2025 (source: @FarsideUK). This negative flow indicates continued selling pressure in GBTC shares, which is a critical signal for traders monitoring institutional sentiment and Bitcoin price movements. Persistent outflows from major Bitcoin ETFs like GBTC can suggest weakening market confidence and may impact short-term trading strategies, particularly for those leveraging ETF arbitrage or tracking fund premium discounts. For comprehensive data, visit farside.co.uk/btc/ (source: @FarsideUK).