Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million
Hashdex’s $14.7 million Bitcoin ETF is in liquidation after trading and creation orders ended, leaving remaining shareholders waiting for a cash payout rather than an exchange exit.
The asset manager announced the closure on Aug. 3. The Hashdex Bitcoin ETF, known by its DEFI ticker, completed its last day of NYSE Arca trading on Aug. 17 and stopped accepting creation orders on the same date. Hashdex said the fund would then liquidate its remaining Bitcoin and wind up its operations.
The closure came just before a positive day for other U.S. Bitcoin products. Farside Investors, which publishes an automatically updated table of ETF flows, showed a provisional $189.3 million of net inflows across the products in its Aug. 18 row. BlackRock’s iShares Bitcoin Trust, or IBIT, accounted for $143.6 million.
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