Hashdex Bitcoin ETF Liquidation Proceeds with $14.7M AUM Closure

Hashdex to liquidate US spot bitcoin ETF holding $14.7M, ceasing trading August 17. Cash distributions to shareholders expected around August 28 after asset sales.

Woofun AI reports that Hashdex will close and liquidate its US spot bitcoin ETF, the Hashdex Bitcoin ETF, which manages approximately $14.7 million in assets. The fund will cease trading and be delisted after market close on August 17. Shareholders are expected to receive cash distributions around August 28, following the sale of remaining bitcoin holdings. Hashdex stated that post-liquidation activities will focus on winding down, preserving asset value, settling liabilities, and distributing remaining assets to shareholders. The decision followed an evaluation of asset management scale, trading liquidity, operational costs, investor interest, and product positioning. Hashdex noted it still manages over $200 million in investment products for US investors.