Odaily Planet Daily reports that cryptocurrency asset manager Hashdex has announced it will liquidate its namesake spot Bitcoin exchange-traded fund this month, distributing cash to all remaining shareholders and selling approximately 225 BTC held by the fund. In a filing submitted on Monday, Hashdex stated that the decision followed an evaluation of factors including trading liquidity, operational costs, and investor interest. The fund, which traded on NYSE ARCA under the ticker DEFI since March 2024, had net assets of $14.25 million from 200,000 shares. Originally launched in 2022 as the Hashdex Bitcoin Futures ETF, its peak assets under management reached $17.54 million on May 9, 2025. Among U.S.-listed Bitcoin ETFs, the second-smallest by assets is the WisdomTree Bitcoin Trust, which had net assets of $140 million as of last Friday’s close.
Hashdex to Liquidate Bitcoin ETF DEFI, Sell 225 BTC
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Summary
Bitcoin ETF news: Hashdex will liquidate its DEFI-listed spot Bitcoin ETF, selling 225 BTC and distributing cash to shareholders. The move, disclosed in a Monday filing, follows an evaluation of liquidity, costs, and investor demand. The fund, trading on NYSE ARCA since March 2024, had a net asset value of $14.25 million for 200,000 shares. ETF news: Originally launched in 2022 as a futures product, it reached a peak AUM of $17.54 million on May 9, 2025. The smallest U.S. BTC ETF is WisdomTree’s Bitcoin Trust, valued at $140 million as of last Friday.
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