Hashdex Halts Operations of Spot Bitcoin Fund and Returns Funds to Investors

cryptonews.ruPublished on 2026-08-04Last updated on 2026-08-04

Abstract

Updated: 2026-08-03 Asset management firm Hashdex has announced it will shut down its spot Bitcoin ETF and return funds to its remaining investors. To accomplish this, all 225 Bitcoin held by the fund will be sold in the coming weeks. The issuer made this decision after evaluating factors such as trading liquidity, operational costs, and investor interest. The fund's 200,000 shares, traded on the NYSE ARCA under the ticker DEFI since March 2024, have net assets of $14.25 million. According to SoSoValue, the Hashdex Bitcoin Futures ETF, launched in 2022, reached its peak asset level of $17.54 million on May 9, 2025. Trading will cease after the market closes on August 17. Following this, the company will begin liquidating the fund's assets and delist its shares. Investors can continue to buy and sell DEFI shares through their brokers until the last trading session, though market prices may deviate from the fund's net asset value as the closure approaches. Investors who hold shares after the final trading day will not receive Bitcoin. Instead, the issuer will sell its assets and distribute the remaining cash proceeds after deducting liabilities and liquidation expenses.

Updated: 2026-08-03

Asset management company Hashdex announced that it is ceasing operations of its spot bitcoin fund and will return funds to remaining investors. To do this, all 225 coins owned by the fund will be sold in the coming weeks.

The fund issuer made this decision after evaluating factors such as trading liquidity, operational costs, and investor interest. According to the fund's website, the 200,000 shares, which have been trading on the NYSE ARCA exchange under the ticker DEFI since March 2024, have net assets of $14.25 million. According to SoSoValue, the Hashdex Bitcoin Futures ETF, initially launched in 2022 as a bitcoin futures ETF, reached a peak asset level of $17.54 million on May 9, 2025.

Hashdex will halt trading after market close on August 17. After that, the company will begin liquidating the fund's assets and delist its shares. Investors can continue to buy and sell DEFI shares through their brokers until the final trading session, although as the close approaches, market prices may differ from the fund's net asset value.

Investors who continue to hold shares of the BTC ETF after the last trading day will not receive bitcoins. Instead, the issuer will sell its assets and distribute the remaining amount in cash after deducting liabilities and liquidation expenses.

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Related Questions

QWhat is Hashdex discontinuing and what action are they taking for investors?

AHashdex is discontinuing its spot Bitcoin ETF and will return money to the remaining investors.

QWhat is the ticker and exchange for the Hashdex fund being liquidated?

AThe fund's shares traded on the NYSE ARCA exchange under the ticker DEFI.

QBy what date will Hashdex stop trading the DEFI ETF?

AHashdex will stop trading after the market closes on August 17.

QWhat will happen to investors who still hold shares after the fund's last trading day?

AThey will not receive Bitcoin. Instead, the issuer will sell the fund's assets and distribute the remaining cash after deducting liabilities and liquidation expenses.

QWhat were the two key Hashdex funds mentioned in the article and their approximate peak asset values?

AThe spot Bitcoin ETF (DEFI) had net assets of $14.25 million. The Hashdex Bitcoin Futures ETF reached a peak asset value of $17.54 million on May 9, 2025.

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