Hashdex Bitcoin ETF (DEFI) sets August 2026 liquidation
Rhea-AI Filing Summary
Hashdex Asset Management Ltd., as sponsor of Hashdex Commodities Trust, has authorized a plan to liquidate the Hashdex Bitcoin ETF (DEFI), terminate its continuous offering, and deregister its shares under Section 12(b) of the Exchange Act. The fund will stop accepting creation orders after August 17, 2026, and trading on NYSE Arca will be suspended after the close of business that day, though shareholders may sell on the exchange until then.
After trading ceases, the fund is expected to wind up operations, liquidate its bitcoin holdings, and distribute cash to shareholders on or about August 24, 2026, equal to the net asset value of their shares on that date, reflecting liquidation and transaction costs and bitcoin price movements during the sell-down period; these dates may change. Assets under management were approximately $14.7 million as of July 30, 2026, while Hashdex continues to manage over $200 million in other products available to U.S. investors. NYSE Arca will file Form 25 to withdraw the listing, with delisting effective 10 days after that filing, and the sponsor plans a post-effective amendment to terminate the offering of registered, unsold shares.
Positive
- None.
Negative
- The Hashdex Bitcoin ETF will cease trading after August 17, 2026, be liquidated, and delist from NYSE Arca, ending access to this exchange-listed product.
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8-K Event Classification
4 items: 1.01, 3.01, 7.01, 9.01
4 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice or transferred its listing to a different exchange.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Assets under management: approximately $14.7 million
Other U.S. products AUM: over $200 million
Last trading day: August 17, 2026
+2 more
5 metrics
Assets under management
approximately $14.7 million
Assets under management of the Fund as of July 30, 2026
Other U.S. products AUM
over $200 million
Assets Hashdex continues to manage in products available to U.S. investors
Last trading day
August 17, 2026
Date after which creation orders stop and trading on NYSE Arca is suspended
Expected Liquidation Date
on or about August 24, 2026
Date when the fund expects to distribute liquidation proceeds to shareholders
Delisting effective period
10 days
Delisting from Arca becomes effective 10 days after Form 25 is filed
Key Terms
Plan of Liquidation, Liquidation Date, net asset value, Form 25, +1 more
5 terms
Plan of Liquidation regulatory
"Exhibit 10.1 is described as the Plan of Liquidation"
A plan of liquidation is a formal outline describing how a company will wind down operations, sell its assets, pay creditors, and distribute any remaining cash to shareholders. It matters to investors because the plan determines the order and amount of payments—like a checklist for emptying a store and splitting the proceeds—which affects how much, if anything, investors and creditors receive and how quickly they will get paid.
Liquidation Date financial
"distribution to shareholders on or about August 24, 2026 (the “Liquidation Date”)"
The liquidation date is the scheduled day when an entity — such as a company, investment fund, or trust — stops normal operations and its assets are sold so cash can be distributed to creditors and investors. It matters to investors because it fixes when they will receive any remaining cash, determines which claims get paid first, and often marks the end of trading or valuation for those holdings; think of it as the day a store sells off inventory and hands out the proceeds to settle bills and return any leftover money to owners.
net asset value financial
"Shareholders will receive cash equal to the net asset value of their shares"
Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.
Form 25 regulatory
"Arca will file a Form 25 with the U.S. Securities and Exchange Commission"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Why is Hashdex closing the Hashdex Bitcoin ETF (DEFI)?
Hashdex is liquidating the Hashdex Bitcoin ETF (DEFI) after reviewing assets under management, trading liquidity, operating costs, investor interest, and product fit. The sponsor states the decision follows an analysis of these factors and other operational considerations across its index-based product range.
When is the last trading day for Hashdex Bitcoin ETF (DEFI) on NYSE Arca?
The last trading day for DEFI on NYSE Arca is expected to be August 17, 2026. Creation orders will also stop that day, and shareholders may sell on the exchange until the close of business before trading is suspended.
What were DEFI’s assets under management before liquidation was announced?
Assets under management of the Hashdex Bitcoin ETF (DEFI) were approximately $14.7 million as of July 30, 2026. This figure refers only to the fund being liquidated and not to other products sponsored by Hashdex for U.S. investors.
Will Hashdex still manage other U.S. investor products after DEFI closes?
Yes. Hashdex reports it continues to manage over $200 million of assets in products available to U.S. investors. The closure of DEFI affects only this specific bitcoin ETF, not the sponsor’s broader product lineup for U.S. clients.
What regulatory steps are being taken to delist DEFI from NYSE Arca?
NYSE Arca will file a Form 25 with the SEC to withdraw DEFI’s listing, with delisting effective 10 days after filing. The sponsor also plans a post-effective amendment to terminate the offering of the fund’s registered, unsold shares.