According to CoinMeta, Wu said that hashdex announced that it would close and liquidate its Bitcoin ETF ( NYSE Arca : DeFi ). As of July 30, the fund's management scale was approximately $14.7 million. Trading will end on August 17, and subscriptions will no longer be accepted. Investors who still hold shares and have withdrawn from NYSE Arca are expected to receive their cash settlement around August 28. hashdex stated that this decision was based on factors such as the fund's scale, liquidity, operating costs, investor demand, and overall product strategy. The fund will sell its remaining Bitcoin holdings after the last trading day and complete the liquidation.