DEFI

Bitcoin ETF

Spot

<ul class="news-points">
 <li><strong>Tidal Investments and Hashdex Asset Management renamed their Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI).</strong></li>
 <li><strong>The renaming follows the successful completion of the investment strategy’s conversion to Bitcoin ETF.</strong></li>
 <li><strong>95% of the Funds’ assets are expected to be invested in spot Bitcoin as the Fund envisions maximizing physical BTC holdings.</strong></li>
</ul>
<p>Tidal Investments and Hashdex Asset Management recently renamed the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI), following the completion of the investment strategy’s conversion to the <a href="https://coinedition.com/etfs-have-introduced-different-dynamics-to-the-bitcoin-market-analyst/" rel="noopener noreferrer nofollow">Bitcoin ETF</a>.</p>
<p>While DEFI entered the ETF market, Eric Balchunas, the senior ETF analyst at Bloomberg, acknowledged it as the eleventh Spot Bitcoin ETF. The analyst added that DEFI’s entry into the market is promising, despite being a bit late.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DEFI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DEFI</a> finally and officially makes it to the starting gate. Spot Bitcoin ETF #11. The getting is so good right now i could see this one getting some bites (if the fee is competitive) despite being so late. <a href="https://t.co/iEZL5fSiGT" target="_blank" rel="noopener noreferrer nofollow">https://t.co/iEZL5fSiGT</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1772754086086980053?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 26, 2024</a>
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<p>The ETF manager and the asset manager together announced the trading of their spot Bi…</p>
<p>The post <a href="https://coinedition.com/tidal-and-hashdexs-defi-enters-spot-bitcoin-etf-market-report/" rel="noopener noreferrer nofollow">Tidal and Hashdex’s DEFI Enters Spot Bitcoin ETF Market: Report</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Tidal and Hashdex’s DEFI Enters Spot Bitcoin ETF Market: Report

Coin Edition

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