4 sourcesTracking since 3 Aug, 15:07
Hashdex to shut down $14.7M Bitcoin ETF DEFI
Chronological coverage
First seen3 Aug, 15:07Hashdex to shut down $14.7M Bitcoin ETF DEFI
Hashdex will close and liquidate its US-listed Bitcoin ETF, DEFI, after the fund struggled to attract enough assets and trading activity to remain viable. DEFI will stop trading on Aug. 17 According to a WSJ report, asset management company Hashdex…
Crypto.news•Lawrence Mondal
Follow-up3 Aug, 15:24Hashdex to shut smallest Bitcoin ETF after more than two years
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.
Cointelegraph•Cointelegraph by Robert Lakin
Follow-up3 Aug, 15:39Hashdex to shut down its smallest Bitcoin ETF after two years of operation
The closure highlights the dominance of major players in the Bitcoin ETF market, emphasizing the challenges smaller funds face in gaining traction.
CryptoBriefing•Editorial Team
Latest4 Aug, 16:43Hashdex to Shut Down Bitcoin ETF After Struggling to Gain Assets
The Brazil-based crypto asset manager will liquidate its U.S. spot Bitcoin ETF later this month, ending a fund that entered the market in 2024.
Decrypt•Jason Nelson