Hashdex is liquidating its $41m Nasdaq CME Crypto Index ETP (HASH) and $3m Crypto Momentum Factor ETP (HAMO) in Europe on Sept. 11, while also closing its $40m US-listed Hashdex Bitcoin ETF. The $866m crypto manager has cut most of its US and European workforce, primarily sales roles, amid a crypto downturn that has pressured specialist issuers’ fee revenues. Hashdex is not exiting either market and will continue serving professional investors, while increasingly focusing on its growing Latin American business. Its $432m US-listed HDEX remains unaffected.
Source: Corporate Announcement
First Trust will close and liquidate two NYSE Arca-listed ETFs: the First Trust Horizon Managed Volatility Small/Mid ETF and First Trust Horizon Managed Volatility Developed International ETF.
iShares II plc removed currency trading lines for 10 ETF share classes across several European exchanges, including SIX Swiss Exchange and Euronext Amsterdam.
TD Asset Management will terminate its TD Target 2026 Investment Grade Bond ETF (TBCF) and TD Target 2026 U.S.
Bitwise Asset Management will close and liquidate the Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (AETH).
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