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Liquid Hashdex DEFI as First US Bitcoin Spot ETF Close Arrives

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Liquid Hashdex DEFI as First US Bitcoin Spot ETF Close Arrives

Hashdex has begun liquidating its Hashdex Bitcoin ETF, ticker DEFI, marking the first closure of a US spot Bitcoin ETF since the category launched in 2024. The fund ceased trading on the NYSE Arca on August 17. Hashdex cited low assets under management, high operating costs and a small asset base of around $14.7 million … Read more

Ethereum jumps 18% as spot volume increases on exchanges

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Ethereum jumps 18% as spot volume increases on exchanges

Ethereum surged 18% during the day as spot trading volume rose sharply on major global exchanges, putting ETH at the center of market risk developments. Market data showed that ETH was trading near the $2,500 level during the rally, with spot volume reportedly increasing by around 400% compared to the previous 24-hour average. This is … Read more