Hashdex Bitcoin Futures ETF

Despite a ticker that suggests decentralized finance, this fund is a plain bitcoin vehicle. It began life as the Hashdex Bitcoin Futures ETF, holding CME futures contracts, then converted in March 2024 into a spot fund that now keeps at least 95% of its assets in actual bitcoin, with a small sliver in futures and cash. Hashdex, a Brazilian crypto asset manager, runs the strategy, with Tidal serving as sponsor and BitGo holding the coins. The futures-to-spot conversion made it one of the later entrants to the US spot bitcoin market, after the January 2024 wave. That structure, keeping a token futures position, sets it slightly apart from rivals that hold only spot. Investors use it, like the others, to hold bitcoin through a regulated, custodied product inside a normal brokerage account rather than managing coins directly.

On MyRWA, DEFI trades tokenized across 1 on-chain venue - see the listings below.