Posted 3/26/2024, 9:21:00 PM
Hashdex and Tidal Convert Bitcoin Futures ETF to Spot Bitcoin ETF Holding Physical Bitcoin
- Tidal and Hashdex announce conversion of Hashdex Bitcoin Futures ETF (DEFI) to a spot bitcoin ETF that holds physical bitcoin
- DEFI's new benchmark index will be the Nasdaq Bitcoin Reference Price - Settlement (NQBTCS)
- Hashdex serves as the digital asset advisor and Tidal as the sponsor of the new spot bitcoin ETF
- The spot bitcoin ETF offers investors exposure to spot bitcoin pricing through an established, regulated product
- Hashdex has over $600 million in assets under management across its crypto investment products as of January 2024