Closes the first Bitcoin spot ETF in the U.S.: there was no demand
Hashdex confirmed the closure of its DEFI fund, the first spot Bitcoin ETF of $BTC in the U.S. to shut down. It will leave NYSE Arca on August 17 and will return ~US$14.7M after selling its 225 BTC (CoinDesk, GlobeNewswire, Aug 3-4, 2026).
Meanwhile, IBIT concentrates US$60,500M in accumulated flows and FBTC another US$9,950M: the ETF market is no longer even— the biggest player wins.
Healthy consolidation or does the institutional hype cool off? 👇
#Bitcoin #ETF #Hashdex
Hashdex confirmed the closure of its DEFI fund, the first spot Bitcoin ETF of $BTC in the U.S. to shut down. It will leave NYSE Arca on August 17 and will return ~US$14.7M after selling its 225 BTC (CoinDesk, GlobeNewswire, Aug 3-4, 2026).
Meanwhile, IBIT concentrates US$60,500M in accumulated flows and FBTC another US$9,950M: the ETF market is no longer even— the biggest player wins.
Healthy consolidation or does the institutional hype cool off? 👇
#Bitcoin #ETF #Hashdex