The delisting is final; the security will cease trading on September 4, 2026. Traders should close any remaining positions before that date. The only remaining value is the cash distribution from the liquidation, which has likely already been priced in. No further trading or recovery is expected.
Price Chart
Executive Summary
NYSE Arca filed a Form 25-NSE to remove the Hashdex Bitcoin ETF (DEFI) from listing and registration, effective September 4, 2026, following the fund's liquidation due to insufficient assets under management ($14.7M). Trading was suspended on August 18, 2026, and shareholders are to receive a cash distribution at NAV. This is the final step in the delisting and wind-down process, confirming the security's termination.
Key Facts
- NYSE Arca filed Form 25-NSE to delist the Hashdex Bitcoin ETF (DEFI) effective September 4, 2026.
- Trading was suspended on August 18, 2026.
- The delisting is due to the fund's liquidation, triggered by insufficient AUM ($14.7M) relative to operating costs.
- Shareholders will receive a cash distribution at NAV, per the prior 8-K filed August 3, 2026.
- The securities now represent only the right to receive an immediate cash payment, per Rule 12d2-2(a)(3).
Financial Impact
Fund liquidation with $14.7M AUM distributed to shareholders at NAV; no ongoing equity value.
Risk Factors
- Shareholders may receive less than NAV due to liquidation costs or timing of distribution.
- No ongoing market for the security after delisting; illiquidity risk for remaining holders.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0001143362-26-000320 |
| Document: 0001143362-26-000320-index.html | 0001143362-26-000320 |
| Document: 0001143362-26-000320.txt | 0001143362-26-000320 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 7w ago | 15-12G | — | awaiting T+5 | — | — |
Aug 24, 2026 9w ago | 25-NSE | $72.77 | awaiting T+5 | — | — |
Aug 18, 2026 10w ago | EFFECT | $72.77 $72.77 | · 0.00% | ▲ +0.20% | — |
Aug 3, 2026 12w ago | 8-K | $72.39 $73.46 | ▼ −1.48% | ▲ +0.55% | — |
Apr 8, 2026 28w ago | 8-K | $80.89 $85.12 | ▲ +5.22% | ▲ +1.71% | — |
US Market Status
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