Imagem representando o produto $DEFI

$DEFI

Hashdex Bitcoin Futures ETF

USD 73.56

NAV Pricing

As of March 1, 2024

USD 73.66

Closing Price

As of March 1, 2024

360,000

Shares Outstanding

As of March 4, 2024

USD 26.48M

Total Net Assets

As of March 4, 2024

We believe bitcoin is a generational opportunity.

Gen Z or Baby Boomer, DEFI gives innovative investors exposure to bitcoin.

Image We believe bitcoin is a generational opportunity.
Image About the Hashdex Bitcoin Futures ETF (DEFI)

About the Hashdex Bitcoin Futures ETF (DEFI)

Symbol: DEFI The Hashdex Bitcoin Futures 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.

Product Details

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Ticker DEFI
CUSIP 88634V100
Inception Date 09/15/2022
Exchange availability NYSE
Benchmark Index HDEFI – Hashdex U.S. Bitcoin Futures Fund Benchmark Index
Expense Ratio 0.90%**
ISIN US88634V1008
Options Not currently available
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Administrator Tidal ETF Services LLC
Marketing Agent Foreside Fund Services, LLC

* The Benchmark is HDEFI – Hashdex U.S. Bitcoin Futures Fund Benchmark Index, the average of the closing settlement prices for the first to expire and second to expire Bitcoin Futures Contracts listed on the CME. The index is calculated and disseminated by HDEFI – Hashdex U.S. Bitcoin Futures Fund Benchmark Index.

** 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

Month-end As of March 4, 2024 | Quarter-end As of March 4, 2024
Name Shares Price Weight
CME Bitcoin Fut Mar24
40 63,825 48.2%
CME Bitcoin Fut Apr24
39 64,475 47.47%
Cash & Other
26,483,513.3 1 -

Performance

Month-end as of March 2, 2024 | Quarter-end as of March 2, 2024
1M 3M YTD 1Y Since inception
DEFI (Market Price) 45.34% 55.40% 45.20% 143.18% 194.64%
DEFI (NAV) 45.61% 55.35% 44.97% 142.93% 194.24%

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.

Premium / Discount

As of March 1, 2024
NAV Market Price Difference Premium / Discount
73.56 73.66 0.1 0.13%
Q3 2022 Q4 2022 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 2023 Q1 2024 2024
Days Traded at NAV 4 5 9 2 11 6 7 26 2 2
Days Traded at Premium 3 27 30 32 32 37 37 138 32 32
Days Traded at Discount 5 31 36 28 19 20 19 86 8 8

Predictable supply

There will only ever be 21 million bitcoin, making it one of the world’s only scarce and immutable assets.

Predictable supply

Have questions?

How is this product different from other ETFs that invest in bitcoin futures contracts? -

The Hashdex Bitcoin Futures ETF is the first bitcoin futures ETF regulated under the 1933 Securities Act (‘33 Act). Exchange-traded products regulated under the ‘33 Act provide a level of operational diligence, disclosure, and investor protection consistent with ETFs regulated under the Investment Company Act of 1940, while also having some key differences that make ‘33 Act funds more appropriate for many investors, including tax efficiency and 100% exposure to the underlying crypto assets.

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Simple access to bitcoin.

The definitive ETF for a new generation of investing.

Documents

The Hashdex Bitcoin Futures ETF (DEFI) in the Press:
CNN
Financial Times
Valor Investe
Bloomberg
Brazil Journal
Exame
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