Hashdex announced it will liquidate its $14.7 million U.S. spot bitcoin ETF, DEFI, by August 17 due to low investor interest and competition from AI-related investments. This marks the first closure of a U.S. spot bitcoin ETF, contrasting with the growth of larger competitors like BlackRock’s IBIT, which holds $47 billion. The fund struggled with low inflows and no fee advantage, leading to its closure despite the overall U.S. spot bitcoin ETF market expanding. Hashdex will continue managing other crypto ETFs in the U.S.
Bitwise has filed an amended registration with the SEC for its proposed NEAR spot ETF, which would trade under the ticker NRR on NYSE Arca if approved. The fund aims to stake up to 100% of its NEAR holdings to earn additional income through protocol ...
Hashdex Asset Management will close its DEFI spot Bitcoin ETF on August 17, 2026, due to weak liquidity and limited investor interest. The fund, holding about 225 Bitcoin and roughly $14.7 million in assets, will sell its Bitcoin on the open market a...
Hashdex Asset Management is shutting down its spot Bitcoin ETF, DEFI, after two years of operation due to low investor interest and assets never exceeding $18 million. The ETF, which held actual Bitcoin rather than futures, will stop trading on Augus...
Hashdex announced it will close and liquidate its US-listed Bitcoin ETF, DEFI, after struggling to attract sufficient assets and trading activity. DEFI, holding about $14.7 million as of July 30, will stop trading on August 17 and be delisted from NY...
