$DEFI
Hashdex Bitcoin ETF
The bitcoin ETF for innovative investors.
USD 78.75
NAV Pricing
As of March 27, 2024
USD 78.05
Closing Price
As of March 27, 2024
140,000
Shares Outstanding
As of March 28, 2024
USD 11.03M
Total Net Assets
As of March 28, 2024
We believe bitcoin is a generational opportunity.
Gen Z or Baby Boomer, DEFI gives innovative investors exposure to bitcoin.
About the Hashdex Bitcoin ETF (DEFI)
Symbol: DEFIThe Hashdex Bitcoin ETF provides exposure to the world’s first decentralized blockchain-based digital currency. The Fund invests directly in bitcoin and its shares trade on the NYSE Arca stock exchange under the symbol DEFI.
The Fund, which is an exchange-traded product (ETP), is not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder. An ETP refers to a financial product that is publicly trade like a bond in the stock market.Product Details
*The Benchmark is NQBTCS - Nasdaq Bitcoin Reference Price - Settlement, it attempts to track the average bitcoin spot price by capturing the notional value of bitcoin USD transactions reported by selected public data sources as measured by Nasdaq, Inc. The Benchmark is calculated and published once a day on business days at 3pm, New York Time by CF Benchmarks Limited or other Nasdaq designated calculation agent.
** Defined as the amount of income (loss) required for the redemption value at the end of one year to equal the selling price of the Share, as presented in the Form S-1.
Holdings
As of March 28, 2024Name | Shares | Price | Weight |
---|---|---|---|
Cash & Other | 329,975.15 | 1 | - |
BITCOIN | 15,231.22 | 68,610.691 | 94.85% |
CME Bitcoin Fut Apr24 | 1 | 69,310 | 3.15% |
First American Government Obligations Fund 12/01/2031 | 237,785.94 | 100 | 2.16% |
CME Micro Bitcoin Apr24 | 21 | 69,310 | 1.32% |
Performance
1M | 3M | YTD | 1Y | Since inception | |
---|---|---|---|---|---|
DEFI (Market Price) | 39.74% | 52.89% | 42.85% | 139.81% | 189.88% |
DEFI (NAV) | 39.82% | 52.84% | 42.63% | 139.56% | 189.48% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For the most recent month-end and/or quarter-end performance, please refer to the charts above. The market price is the final price at which a security is traded on a given trading day. Net Asset Value (NAV) is value per share on a specific date or time. Returns less than one year are cumulative. Because the Fund will invest primarily in BITCOIN futures contracts and other derivative instruments based on the price of BITCOIN, an investment in the Fund will subject the investor to the risks of the BITCOIN market, and this could result in substantial fluctuations in the price of the Fund's shares.
Predictable supply
There will only ever be 21 million bitcoin, making it one of the world’s only scarce and immutable assets.
Have questions?
Attempts to create an internet-based “digital cash” began in the 1990s, but each had shortcomings that prevented them from becoming mainstream. This changed after the pseudonymous Satoshi Nakamoto released “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008, describing a new protocol for exchanging value without a bank, government, or other third party. The network launched a few months after the paper’s release and the first bitcoin transaction took place on January 12, 2009. Bitcoin, with its combination of technological tools and economic incentives, promised a new, more equitable financial system.
The simplest definition of a blockchain is a decentralized public ledger where transactions are confirmed by a network of compensated participants. Bitcoin’s blockchain was a novel idea due to the combination of technologies used to create a truly decentralized and immutable public ledger. Previously, financial transactions were dependent on banks and other entities managing both sides of the transaction, including maintaining personal information about the parties and placing restrictions on certain transactions.
Directly investing in crypto assets can include challenges such as self-custody and risks like exchange hacks and theft. ETFs are renowned for their efficiency and popularity as vehicles to access various markets and investment themes. They are structured in a manner that can offer superior liquidity and price efficiencies compared to other investment products.
Simple access to bitcoin.
The definitive ETF for a new generation of investing.
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