Tidal and Hashdex Transform Hashdex Bitcoin Futures ETF into Hashdex Bitcoin ETF
Wednesday, 27 March 2024, 01:01
The Pair's Strategic Move
Tidal and Hashdex have rebranded their Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF, pledging to allocate 95% of funds into spot bitcoin. This transition underscores the duo's commitment to enhancing investor engagement and broadening investment horizons in the crypto sector.
Key Focus: Spot Bitcoin
Tidal and Hashdex will now concentrate on spot bitcoin investments, reflecting a strategic shift towards direct ownership of the digital asset.
New Opportunities in Cryptocurrency
- Investors can now benefit from enhanced exposure to spot bitcoin, potentially capitalizing on its market performance.
- Crypto enthusiasts are presented with exciting prospects to engage in the evolving landscape of digital currencies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.