Item 5. Other Information
Item 5. Other Information.
No executive officers or directors of the Sponsor have adopted , modified , or terminated trading plans under either a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (as such terms are defined in Item 408 of Regulation S-K of the 1933 Act) for the three-month period ended March 31, 2026.
19
Item 6. Exhibits.
Listed below are the exhibits, which are filed as part of this quarterly report on Form 10‑Q (according to the number assigned to them in Item 601 of Regulation S-K of the 1933 Act):
Exhibit
Number
Description
3.1
Trust Agreement incorporated by reference to Exhibit 3.1 of the Registration Statement on Form S-1/A (File No. 333-284553 ) filed by the Registrant on January 28 , 2025.
3.2
First Amended and Restated Declaration of Trust and Trust Agreement incorporated by reference to Exhibit 3.3 of the Registration Statement on Form S-1/A (File No. 333-284553 ) filed by the Registrant on November 6 , 2025.
3.3
Certificate of Trust incorporated by reference to Exhibit 3.2 of the Registration Statement on Form S-1/A (File No. 333-284553 ) filed by the Registrant on January 28 , 2025.
10.1
Marketing Agent Agreement with amendment incorporating the Trust.
31.1*
Certification of Principal Executive Officer pursuant to Rule 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as amended.
31.2*
Certification of Principal Financial Officer pursuant to Rule 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as amended.
32.1*
Certification by Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*
Certification by Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS
Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH
Inline XBRL Taxonomy Extension Schema Document
104
Cover Page Interactive Data File (Formatted as Inline XBRL and contained in exhibit 101)
* These exhibits are furnished with this Quarterly Report on Form 10-Q and are not deemed filed with the SEC and are not incorporated by reference in any filing of Bitwise Dogecoin ETF under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, made before or after the date hereof and irrespective of any general incorporation language contained in such filings.
20
GLOSSA RY OF DEFINED TERMS
The following terms may be used throughout this Quarterly Report, including the consolidated financial statements and related notes.
1933 Act : The Securities Act of 1933, as amended.
Administrator : BNY Mellon.
Advisers Act: The Investment Advisers Act of 1940.
Agent Execution Model : The model whereby the Prime Execution Agent, acting in an agency capacity, conducts Dogecoin purchases and sales on behalf of the Trust with third parties through its Coinbase Prime service pursuant to the Prime Execution Agreement.
Airdrops : A method to promote the launch and use of new Crypto Assets by providing a small amount of such new Crypto Assets to the private wallets or exchange accounts that support the new Crypto Asset and that hold existing related Crypto Assets.
Authorized Participant : One that purchases or redeems Baskets from or to the Trust.
BAM: Bitwise Asset Management, Inc., the parent company of the Sponsor.
Basket : A block of 10,000 Shares used by the Trust to issue or redeem Shares.
Basket Amount : The quantity of Dogecoin attributable to each Share of the Trust (net of accrued but unpaid expenses and liabilities) multiplied by the number of Shares comprising a Basket (10,000).
Benchmark Provider : CF Benchmarks Ltd.
BNY Mellon: The Bank of New York Mellon, a national banking association in New York.
Cash Custodian : BNY Mellon.
Business Day : Any day other than a day when the Exchange or the New York Stock Exchange is closed for regular trading.
CME : The Chicago Mercantile Exchange.
Constituent Platform : The major Dogecoin trading platforms that serve as the pricing sources for the calculation of the CF Dogecoin-Dollar US Settlement Price.
Cryptocurrency : A token such as Dogecoin that is the native asset of a crypto asset network.
Crypto asset : A token, such as a cryptocurrency, that is the native asset of or issued on a digital asset network and secured using public and private key cryptography or similar cryptographic credentials.
Dogecoin: The native unit of account and medium of exchange on the Dogecoin network.
Dogecoin Blockchain: The decentralized ledger upon which Dogecoin transactions are processed and settled, serving as the underlying technology of the Dogecoin network.
Dogecoin Custodian : Coinbase Custody Trust Company, LLC, a New York State limited liability trust company.
Dogecoin Custody Agreement : The custody agreement between the Dogecoin Custodian and the Trust pursuant to which the Trust Dogecoin Account is established.
Dogecoin Trading Counterparties: As of November 6, 2025, Nonco LLC and Virtu Financial Singapore Pte Ltd. have been approved as Dogecoin Trading Counterparties.
21
DSTA : Delaware Statutory Trust Act.
EST: Eastern Standard Time.
Exchange: NYSE Arca, Inc.
ETP : Exchange-traded product.
Exchange Act : The Securities Exchange Act of 1934, as amended.
FASB : Financial Accounting Standards Board.
FDIC : Federal Deposit Insurance Corporation.
FinCEN : The Financial Crimes Enforcement Network, a bureau of the U.S. Department of the Treasury with the mandate to regulate financial institutions such as money services businesses in the U.S.
Forked Asset: The crypto asset resulting from a “hard fork” that is not Dogecoin, as determined by the Sponsor in its discretion as set forth in the Trust Agreement. The holder of Dogecoin at the time of a Network Fork may use its Dogecoin network private key to access the Forked Asset on the new network, typically through the use of the modified version of the Dogecoin network software that created the Network Fork (or the legacy version of the Dogecoin network software if the new version is determined to be Dogecoin).
GAAP : The generally accepted accounting principles of the United States.
Hard Fork : A backward-incompatible change to a blockchain protocol such that nodes running the prior version of the software will reject blocks produced under the new rules.
Incidental Right : A right to receive a benefit of a fork or airdrop.
Investment Company Act : Investment Company Act of 1940.
IR Asset : Any crypto asset acquired through an Incidental Right.
IRS : U.S. Internal Revenue Service.
ITV : Indicative Trust Value.
JOBS Act : The Jumpstart Our Business Startups Act.
Marketing Agent : Foreside Fund Services, LLC.
NAV : Net asset value of the Trust, which is a non-GAAP metric and is determined each Business Day by valuing the Trust’s Dogecoin using the Pricing Benchmark, less the Trust’s accrued but unpaid expenses.
Network Fork : A change to the protocol of a blockchain network that results in a divergence in the network’s transaction history or consensus rules, which may create two or more separate versions of the blockchain operating simultaneously.
PCAOB : The Public Company Accounting Oversight Board.
Prime Execution Agent : Coinbase, Inc., an affiliate of the Dogecoin Custodian.
Pricing Benchmark : CF Dogecoin-Dollar US Settlement Price, a standardized reference rate published by the CME Group that calculates the U.S. dollar price of Dogecoin as of 4:00 p.m. New York time on each calendar day on constituent crypto asset trading platforms to reflect the performance of Dogecoin in U.S. dollars.
22
Prime Execution Agreement : The agreement between Coinbase, Inc. and the Trust that sets forth the terms and conditions pursuant to which Coinbase, Inc., and its affiliates, agree to open and maintain a prime broker account and provide services relating to trade execution.
Redemption Order : An order to redeem one or more Baskets.
SEC (or Commission) : The U.S. Securities and Exchange Commission, an independent agency with the mandate to regulate securities offerings and markets in the U.S.
Seed Shares : The eight (8) Shares used to seed the Trust.
Seed Capital Investor : Bitwise Asset Management, Inc.
Shares : Common shares representing units of undivided beneficial ownership of the Trust.
Shareholders : Holders of Shares.
Sponsor : Bitwise Investment Advisers, LLC, a Delaware limited liability company, which controls the investments and other decisions of the Trust.
Sponsor Agreement : The agreement between the Sponsor and the Trust.
Sponsor Fee: The unitary management fee of 0.34% per annum of the Trust’s Dogecoin holdings that the Trust agreed to pay to the Sponsor.
Trade Credit : The Trust may borrow Dogecoin or cash as a credit on a short-term basis from the Trade Credit Lender pursuant to the Trade Financing Agreement.
Trade Credit Lender : Coinbase Credit, Inc.
Trade Financing Agreement : The Coinbase Credit Committed Trade Financing Agreement.
Transfer Agent : BNY Mellon.
Trust : The Bitwise Dogecoin ETF.
Trust Agreement: The Amended and Restated Declaration of Trust and Trust Agreement of Bitwise Dogecoin ETF, entered into by the Sponsor and the Trustee.
Trust Dogecoin Account : The custody account in the name of the Trust held with the Dogecoin Custodian, in which the Trust’s Dogecoin assets are held.
Trustee : CSC Delaware Trust Company, a Delaware trust company.
U.S. : The United States of America.
23
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Bitwise Investment Advisers, LLC
as Sponsor of Bitwise Dogecoin ETF
By:
/s/ Paul Fusaro
Name:
Paul Fusaro
Title:
Chief Operating Officer (Principal Executive Officer)*
By:
/s/ James Bebrin III
Name:
James Bebrin III
Title:
Vice President (Principal Financial Officer and Principal Accounting Officer)*
Date: May 8, 2026
* The registrant is a trust and the persons are signing in their capacities as officers of Bitwise Investment Advisers, LLC, the Sponsor of the registrant.
24
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.