Hashdex DEFI’s assets have fallen to $8.7 million as investors exit a fund that has recorded just six inflow days since becoming a spot Bitcoin ETF.
- Hashdex's DEFI spot Bitcoin ETF will cease trading on August 17th and undergo liquidation due to persistently low investor demand, with only six inflow days since its conversion.
- The fund has seen a significant outflow of shares, dropping 25% in three days as investors exit before the liquidation deadline, reducing its assets to $8.7 million.
- This situation highlights the uneven distribution of demand within the spot Bitcoin ETF market, as other ETFs, particularly BlackRock's IBIT, have attracted substantial inflows while DEFI struggles.
Topics: Asset types, Institutional adoption, Public market, Financial instruments, Asset manager initiatives, Bitcoin etf
Tags: #spotbitcoinetf #hashdexdefi #liquidation #inflows #investorexit #bitcoinholdings #etfshutdown #assetmanager #blackrockibit #marketdemand