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Crypto

Hashdex Ditches Late-Blooming Bitcoin ETF Amid High Costs and Low Interest

Guavy AI Editorial Team
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BTC
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Hashdex has announced it will liquidate its Bitcoin spot-price exchange-traded fund (ETF) this month. The decision was made after evaluating factors including trading liquidity, operating costs and investor interest.

The ETF, which trades under the DEFI ticker on NYSE ARCA since March 2024, has net assets of $14.25 million. It holds roughly 225 BTC worth approximately $13.5 million at current prices.

Launched in 2022 as a Bitcoin futures ETF, its highest asset level was $17.54 million reached on May 9, 2025. The fund issuer will distribute the cash to all remaining shareholders and sell the fund's holdings.

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