Imagem representando o produto $DEFI

$DEFI

Hashdex Bitcoin ETF

The bitcoin ETF for innovative investors.

USD 76.63

NAV Pricing

As of April 12, 2024

USD 76.76

Closing Price

As of April 12, 2024

160,000

Shares Outstanding

As of April 15, 2024

USD 12.26M

Total Net Assets

As of April 15, 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 ETF (DEFI)

About the Hashdex Bitcoin ETF (DEFI)

Symbol: DEFI

The 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

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Ticker DEFI
CUSIP 88634V100
Inception Date 09/15/2022
Exchange availability NYSE
Benchmark Index NQBTCS - Nasdaq Bitcoin Reference Price - Settlement*
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 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 April 15, 2024
Name Shares Price Weight
Cash & Other
5,293.81 1 -
BITCOIN
174.31 66,849.39 95.04%
CME Bitcoin Fut Apr24
0.01 67,170 2.74%
CME Micro Bitcoin Apr24
0.4 67,170 2.19%
First American Government Obligations Fund 12/01/2031
782.79 100 0.64%

Performance

Month-end as of March 28, 2024
1M 3M YTD 1Y Since inception
DEFI (Market Price) 21.99% 60.65% 60.65% 121.95% 226.00%
DEFI (NAV) 21.49% 59.78% 59.78% 120.90% 224.28%

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 April 12, 2024
NAV Market Price Difference Premium / Discount
76.63 76.76 0.13 0.17%
Q3 2022 Q4 2022 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 2023 Q1 2024 Q2 2024 2024
Days Traded at NAV 4 5 9 2 11 6 7 26 2 1 3
Days Traded at Premium 3 27 30 32 32 37 37 138 47 7 54
Days Traded at Discount 5 31 36 28 19 20 19 86 12 2 14

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 does Bitcoin work? -

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.

What is a blockchain? +
What are the benefits of an ETF vs buying bitcoin directly? +

Simple access to bitcoin.

The definitive ETF for a new generation of investing.

Documents

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