Hashdex to shut smallest Bitcoin ETF after more than two years
CoinTelegraph·
60-second summary
Hashdex is shutting its smallest Bitcoin ETF, a spot price exchange-traded fund, after more than two years, unable to attract more than $18 million in net assets. The fund will pay out investors and sell its 225 BTC holdings in the coming weeks. This move reflects the ongoing challenges in the ETF space, impacting investor confidence and market participation.
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.