Hashdex Bitcoin ETF (DEFI)

Hashdex Spot

About Hashdex Bitcoin ETF

Overview: The Hashdex Bitcoin ETF (DEFI) is a US-listed spot Bitcoin ETF that directly holds physical Bitcoin. Originally launched as a Bitcoin futures ETF in September 2022, it received SEC approval to convert to spot Bitcoin holdings in March 2024. Investment Focus: Directly invests in physical Bi

Hashdex Bitcoin ETF Fund Details

Expense Ratio
0.90%

About The Fund

Overview
The Hashdex Bitcoin ETF (DEFI) is a US-listed spot Bitcoin ETF that directly holds physical Bitcoin. Originally launched as a Bitcoin futures ETF in September 2022, it received SEC approval to convert to spot Bitcoin holdings in March 2024.
Investment Focus
Directly invests in physical Bitcoin, tracking the Nasdaq Bitcoin Reference Price.
Accessibility
Trades on NYSE Arca under the ticker DEFI.
Risk Profile
High risk due to Bitcoin's volatility; suitable for investors seeking direct Bitcoin price exposure.
Management and Fees
Managed with a 0.90% expense ratio.

Hashdex Bitcoin ETF Information

Ticker SymbolDEFI
IssuerHashdex
Expense Ratio0.90%
Fund TypeSpot
CustodianBitGo Trust Company
Bitcoin Only✓ Yes
Fund Inception2024-03-27

Investment Strategy

Pure Bitcoin Spot

Market Performance

YTD Return
-26.14%
1 Year Return
-38.46%
Avg Volume
N/A

About Hashdex

Background
Hashdex is a global crypto-focused asset manager founded in Brazil in 2018, managing Bitcoin and crypto index funds.
Bitcoin ETFs
Launched the Hashdex Bitcoin ETF (DEFI) which converted from a futures ETF to spot Bitcoin on March 27, 2024, becoming the 11th US spot Bitcoin ETF.
Regulation
SEC-registered, trades on NYSE Arca.
Custody
Uses BitGo Trust Company for Bitcoin custody and U.S. Bank for cash.

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