This page shows Bitwise Dogecoin ETF (BWOW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Net asset backing, not operating earnings, defines this entity because the balance sheet is almost entirely equity-funded.
With$1.15M of assets, only$67 of liabilities, and 60,000 shares outstanding, the filing implies about$19.2 of net assets per share; that means reported value is being driven by the marked value of assets rather than by leverage or business margins. The near-zero balance-sheet friction also suggests very little year-end payable build.
Because revenue, cash-flow, and margin lines are absent while equity nearly matches total assets, this should be read as an asset pool rather than a conventional operating company. In practical terms, changes in stated value will follow the balance-sheet assets far more than any internal cost structure.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
We are recalculating Bitwise Dogecoin ETF's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Key Financial Metrics
Earnings & Revenue
Cash & Balance Sheet
Bitwise Dogecoin ETF had 60,000 shares outstanding in fiscal year 2026.
Margins & Returns
Capital Allocation
BWOW Income Statement
| Metric | Q1'26 | Q4'25 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | $0 | N/A |
| Net Income | -$142K | N/A |
| EPS (Diluted) | N/A | N/A |
BWOW Balance Sheet
| Metric | Q1'26 | Q4'25 |
|---|---|---|
| Total Assets | $604K-47.6% | $1.2M |
| Current Assets | N/A | N/A |
| Cash & Equivalents | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Goodwill | N/A | N/A |
| Total Liabilities | $178+165.7% | $67 |
| Current Liabilities | N/A | N/A |
| Long-Term Debt | N/A | N/A |
| Total Equity | $604K-47.6% | $1.2M |
| Retained Earnings | N/A | N/A |
BWOW Financial Ratios
| Metric | Q1'26 | Q4'25 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | -23.4% | N/A |
| Return on Assets | -23.4% | N/A |
| Current Ratio | N/A | N/A |
| Debt-to-Equity | 0.000.0 | 0.00 |
| FCF Margin | N/A | N/A |
Frequently Asked Questions
What are Bitwise Dogecoin ETF's total assets?
Bitwise Dogecoin ETF (BWOW) had $1.2M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Bitwise Dogecoin ETF's debt-to-equity ratio?
Bitwise Dogecoin ETF (BWOW) had a debt-to-equity ratio of 0.00 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.