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DEFI Holds the asset itself

Hashdex Bitcoin Futures ETF

Issued by Tidal Investments LLC. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.

Bitcoin logoHolds Bitcoin research file →
—Sluiten
—On the day
$14.54MBeheerd vermogen
0.25%Expense ratio, a year
end-of-day close Tiingo no end-of-day record published
fund facts, as published Financial Modeling Prep observed 29 Jul 2026 06:23 UTC
What this is. A listed fund that holds the asset with a custodian and issues shares against it. You own shares in the fund, not the asset itself, and the fund charges its expense ratio every year on the whole position. In exchange the shares settle in an ordinary brokerage account.
01

Koers

Tiingo publishes no end-of-day record for this listing, so its price history, returns and trading figures are not shown. The fund facts below come from the issuer through Financial Modeling Prep.
04

Fund facts

UitgeverTidal Investments LLC
What it holdsBitcoin
StructureHolds the asset itself (spot)
Listing exchangeAMEX
Fund inception14 Sep 2022
First trade on record—
Expense ratio0.25% a year
Beheerd vermogen$14.54M
Units of BTC held—
Value of that holding$9.22M
Share of assets in all BTC products0.0%
ISINUS88634V1008
CUSIP88634V100
holdings as published by the fund Financial Modeling Prep observed 02 Jan 2024 18:33 UTC assets under management observed 29 Jul 2026 06:23 UTC

The issuer’s own page for this product, with its prospectus: www.hashdex-etfs.com ↗

05

Other products holding BTC

Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.

ProductUitgeverVergoeding Assets1 jaarAgainst BTC
IBITiShares Bitcoin Trust ETF iShares 0.25% $67.31B -33.97% -0.20 pp
FBTCFidelity Wise Origin Bitcoin Fund Fidelity 0.25% $15.45B -33.97% -0.20 pp
GBTCGrayscale Bitcoin Trust ETF Grayscale 1.50% $10.30B -34.79% -1.02 pp
BTCGrayscale Bitcoin Mini Trust ETF Grayscale 0.15% $5.16B -33.93% -0.16 pp
BITBBitwise Bitcoin ETF Trust Bitwise 0.20% $3.04B -33.98% -0.22 pp
ARKBARK 21Shares Bitcoin ETF ARK 0.21% $2.66B -33.92% -0.15 pp
HODLVanEck Bitcoin ETF VanEck 0.20% $1.19B -33.82% -0.05 pp
MSBTMorgan Stanley Bitcoin Trust ETF Eaton Vance 0.14% $868.47M — —
EZBCFranklin Bitcoin ETF Franklin Templeton 0.19% $469.07M -33.98% -0.21 pp
BRRRCoinShares Bitcoin ETF CoinShares 0.25% $463.51M -33.98% -0.22 pp
BTCOInvesco Galaxy Bitcoin ETF Invesco 0.25% $421.24M -33.99% -0.22 pp
BTCWWisdomTree Bitcoin Fund WisdomTree 0.25% $175.68M -34.05% -0.28 pp
DEFIHashdex Bitcoin Futures ETF Tidal Investments LLC 0.25% $14.54M — —
BTCK7RCC Spot Bitcoin and Carbon Credit Futures ETF Teucrium 0.84% $1.98M — —

A blank in the one-year columns means the product has traded for less than a year; it is not a zero.

06

In the issuer’s words

The Hashdex Bitcoin ETF (the “Fund”) is designed to track the price performance of bitcoin.The investment objective is for changes in the Shares’ NAV to reflect the daily changes of the price of the Nasdaq Bitcoin Reference Price – Settlement (NQBTCS) (the “Index” or “Benchmark”), less expenses from the Fund’s operations. Because the Fund’s investment objective is to track the price of the Benchmark, changes in the price of the shares may vary from changes in the spot price of bitcoin.

The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.

07

What these figures cannot tell you

Whether the price was fair on the day

We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.

What you would have earned

Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.

How safe the custody is

A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.

Anything about the asset itself

A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.

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