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Hashdex’s new spot Bitcoin ETF to begin US trading on Wednesday
Asset manager Hashdex is officially joining the spot Bitcoin exchange-traded fund (ETF) market in the United States after completing the conversion of its futures ETF to hold spot Bitcoin. In a March 26 announcement, Hashdex said it has renamed and converted its Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF with the ticker “DEFI.” “DEFI’s renaming corresponds to DEFI’s completion of the conversion of its investment strategy to allow the Fund to provide spot Bitcoin holdings and its tracking of a new benchmark index effective March 27, 2024,” it said. tweet The newly converted fund will invest ... (full story)