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Latest NewsPublishedAug 3, 2026
The spot terms Bitcoin exchange-traded fund, which was ne'er capable to pull much than $18 cardinal successful nett assets, volition wage retired investors and merchantability its 225 BTC successful the coming weeks.
Hashdex said it volition liquidate its eponymous spot-price Bitcoin exchange-traded money this month, distributing the currency to each remaining shareholders and selling the fund’s astir 225 BTC holdings.
In a filing connected Monday, the money issuer said the determination was made aft evaluating factors including trading liquidity, operating costs and capitalist interest. The 200,000 shares, which person traded connected NYSE ARCA nether the DEFI ticker since March 2024, person nett assets of $14.25 million, according to the fund’s website.
Late to the game, which saw the archetypal of 10 different competing BTC ETFs debut months up of it, analysts saw accidental astatine a clip erstwhile BTC was trading for the then-all-time precocious of much than $73,000.
“The getting is truthful bully close present I could spot this 1 getting immoderate bites (if the interest is competitive) contempt being truthful late,” said Bloomberg Senior ETF expert Eric Balchunas successful a March 27, 2024 post.
Originally launched successful 2022 arsenic a Bitcoin futures ETF, Hashdex Bitcoin Futures ETF, its highest plus level was $17.54 million, reached connected May 9, 2025, according to information tracker SoSoValue. The adjacent largest ETF among the US-traded BTC issues is WisdomTree Bitcoin Trust (BTCW), with $140.37 cardinal successful nett assets arsenic of Friday’s marketplace close.
Related: Bitcoin whitethorn find carnivore marketplace bottommost successful August: 10x Research
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