CoinDesk·3 min read·medium
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
F
Francisco Rodrigues
✦AI Summary
The Hashdex Bitcoin ETF is set to close as investor interest shifts toward AI-related investments, marking the first liquidation of a U.S. spot bitcoin fund. Data shows that while the broader crypto ETF market remains active, smaller funds are struggling to maintain inflows compared to high-performing AI tech stocks.
Bitcoin futures ETFs have closed before, including VanEck’s XBTF in 2024, but no U.S. fund holding bitcoin directly appears to have previously been liquidated.
businesseconomycrypto
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in