Hashdex's spot Bitcoin ETF, $DEFI, has closed after raising only $14 million. This marks the first closure of a spot Bitcoin ETF in the industry.
The ETF launched later than others in its category and faced survival pressure due to timing issues.
Bitcoin is currently trading at $64,124.27 within Bollinger Bands, with upper resistance at $64,503.18 and lower support at $62,345.58.
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