First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex’s DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT.
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Summary
- Hashdex will liquidate its DEFI ETF after Aug. 17, in what appears to be the first closure of a U.S. spot bitcoin exchange-traded fund.
- DEFI, the smallest of the funds, held $14.7 million in net assets, versus $142.4 million for Wisdom Tree’s BTCW, the next-smallest, and $47.08 billion for leader BlackRock’s IBIT.
