Hashdex to Shut Down Bitcoin ETF After Struggling to Gain Assets

Jason Nelson

Tue, August 4, 2026 astatine 11:43 AM CDT 2 min read

Hashdex is shutting down its U.S. spot Bitcoin exchange-traded money aft it amassed conscionable $14.7 cardinal successful assets nether management.

According to a filing with the U.S. Securities and Exchange Commission connected Monday, the crypto plus manager's Hashdex Bitcoin ETF (NYSE Arca: DEFI) volition halt trading aft the marketplace closes connected Aug. 17 earlier being delisted. Shareholders who inactive ain the money astatine that constituent are expected to person currency distributions connected oregon astir Aug. 28 aft the money sells its remaining Bitcoin holdings.

"Following the Last Trading Day, the Fund volition liquidate its remaining Bitcoin holdings," the filing said. "The Fund volition nary longer prosecute its stated concern nonsubjective and volition not prosecute successful immoderate concern activities different than winding up its concern and affairs, preserving the worth of its assets, paying its liabilities, and distributing its remaining assets to shareholders."

Hashdex said it evaluated factors including assets nether management, trading liquidity, operating costs, capitalist interest, and however the money acceptable wrong its broader merchandise lineup earlier deciding to liquidate. The steadfast said it continues to negociate much than $200 cardinal crossed concern products disposable to U.S. investors.

An exchange-traded fund, oregon ETF, lets investors summation vulnerability to an asset, successful this lawsuit Bitcoin, by buying shares that commercialized connected a banal exchange. Because the terms of the ETF is correlated to the terms of Bitcoin, the last payout could disagree from the fund's existent worth due to the fact that the terms whitethorn alteration portion the assets are being sold.