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Hashdex Shuts Down $14.7M Bitcoin ETF Amid Low Trading Activity

Guavy AI Editorial Team
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Hashdex has announced that it will shut down its $14.7M Bitcoin ETF, DEFI, due to low trading activity and a small asset base.

The fund's final trading day is set for August 17, after which it will begin liquidating its assets and delisting from the NYSE Arca.

Remaining shareholders can expect a cash payment around August 28, but investors who sell their shares before August 17 will receive the prevailing market price rather than the final liquidation value.

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