8-KFiled Aug 23, 8:00 PM ET

Hashdex Commodities Trust Completes Liquidation of Hashdex Bitcoin ETF

$DEFI · Hashdex Commodities Trust

Research Summary

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Hashdex Commodities Trust Completes Liquidation of Hashdex Bitcoin ETF

What Happened

  • Hashdex Asset Management Ltd., sponsor of the Hashdex Bitcoin ETF (a series of Hashdex Commodities Trust, ticker DEFI), completed the disposition of all Fund assets on August 24, 2026.
  • Trading in the Fund’s shares had been suspended at the close of trading on August 17, 2026; thereafter the Sponsor liquidated the Fund’s positions (other than cash), which consisted of bitcoin, and sold them in an over‑the‑counter transaction to an unaffiliated third party. The Sponsor then distributed cash pro rata to all shareholders.

Key Details

  • Sponsor: Hashdex Asset Management Ltd.
  • Trading suspension: at market close on August 17, 2026.
  • Disposition completed and distribution date: August 24, 2026.
  • Assets sold: all non‑cash positions were bitcoin, sold OTC to an unaffiliated third party; shareholders received cash equal to their pro rata interest.
  • Filing: reported on Form 8‑K under Item 2.01 (Completion of Acquisition or Disposition of Assets).

Why It Matters

  • Shareholders: holders of DEFI will receive cash for their pro rata shares and no longer have exposure to bitcoin through this Fund.
  • Transparency: the filing confirms the Sponsor completed an OTC sale of the Fund’s bitcoin positions and distributed proceeds, but it does not disclose dollar amounts or buyer identity in the 8‑K.
  • Practical impact: trading had been suspended before liquidation; investors should expect the Fund to hold only cash distributed to shareholders as described in the filing.