Overview
- Hashdex confirmed that DEFI will stop trading on NYSE Arca after market close on August 17, 2026, and will stop accepting creation orders from authorized participants that day.
- The firm said it will sell the fund’s Bitcoin holdings and expects to make a cash distribution to remaining shareholders around August 28, 2026.
- DEFI held roughly $14.7 million in net assets and about 225 BTC as of July 30, 2026, figures that Hashdex cited as part of its decision to close the fund.
- Investors who keep shares through liquidation will receive cash not Bitcoin, and that cash payout will likely create a taxable event for US holders depending on account type and cost basis.
- Hashdex will continue to operate its larger US product NCIQ, which held about $206.8 million in assets, and the closure underscores how early, large entrants have captured most flows in the spot Bitcoin ETF market.