Hashdex Closes $14.7M Bitcoin ETF Due to Insufficient Demand
WHO:
99 Bitcoins - Hashdex is the organization involved in the liquidation of the Bitcoin ETF.
Cointelegraph - The Bitcoin ETF is described as a spot price Bitcoin exchange-traded fund.
WHAT:
99 Bitcoins - Hashdex is liquidating its DEFI spot Bitcoin ETF due to insufficient demand.
99 Bitcoins - The ETF had assets that fell to $14.7 million.
Cointelegraph - The ETF was never able to attract more than $18 million in net assets.
Cointelegraph - Hashdex will pay out investors and sell its 225 BTC in the coming weeks.
WHERE:
99 Bitcoins - The liquidation pertains to a Bitcoin ETF, which is a financial product traded on exchanges.
WHEN:
99 Bitcoins - Trading halts on August 17.
99 Bitcoins - Cash payouts are expected around August 28.
WHY:
99 Bitcoins - The decision to liquidate the ETF was made due to insufficient demand, which affected its viability.
HOW:
Cointelegraph - The process involves selling the ETF's assets and distributing cash payouts to investors.
(UPDATED August 4, 2026 15:34 UTC)
Hashdex is moving forward with the liquidation of its DEFI spot Bitcoin exchange-traded fund due to insufficient demand, which has seen its assets dwindle to $14.7 million. The ETF, which never attracted more than $18 million in net assets, will see trading halt on August 17, with cash payouts to investors expected around August 28. In the coming weeks, Hashdex plans to sell its 225 Bitcoins and distribute the proceeds to investors.