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Hashdex Bitcoin ETF

DEFISpot ETF

Hashdex · NASDAQ · United States

DEFI is Hashdex's spot Bitcoin ETF, a crypto-native manager based in Brazil with a US presence. It was originally a Bitcoin futures ETF that converted to spot exposure in March 2024 after SEC approval. It's the only ETF on the market that uses BitGo Trust Company as custodian, adding diversification away from Coinbase. The 0.9% TER is significantly higher than its competitors (which sit at 0.19%–0.25%), which has limited its growth. It trades on NASDAQ with a modest $180M in AUM.

AUM$111.6M0.1% of the US spot market
BTC in Custody· as of Jun 111,700$111.6M live value
Expense Ratio0.9%annual · on AUM
InceptionMar 2024 (conversión)NASDAQ

Net Flows

Source: Farside
All-time since launch+$95.0M

Daily flows are refreshed every morning via automated scraping of Farside Investors. Positive flows = net capital inflows; negative flows = outflows.

Last updated: Jun 13, 2026, 12:17 AM

Fund Details

TickerDEFI
IssuerHashdex
ExchangeNASDAQ
Reference indexNasdaq Bitcoin Reference Price
CustodianBitGo Trust Company
Inception dateMar 2024 (conversión)
Structure1933 Act ETF
TER (expense ratio)0.9% annual
Shares outstanding2.80M

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Bitcoin Exposure

Hashdex Bitcoin ETF holds 1,700 in custody with BitGo Trust Company. Each ETF share represents a proportional fraction of those Bitcoin, giving investors direct exposure to the BTC spot price without the operational risks of self-custody (wallets, private keys). The ETF tracks the BTC price via the Nasdaq Bitcoin Reference Price index.

Live BTC price: $65,648 · BTC value in custody today: $111.6M

Official DocumentationHashdexProduct page at the issuer and SEC prospectus

Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.