Odaily News Tidal Investments and Hashdex Asset Management announced on Tuesday that they will trade their Bitcoin spot ETF in the United States and rename the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI). The two parties said in a statement that the ETF will be renamed DEFI as its trading code, corresponding to its conversion to allow the ETF to hold spot Bitcoin and track the new benchmark index, effective March 27. The ETF expects to invest at least 95% of the funds assets in spot Bitcoin, with up to 5% of the remaining assets in CME-traded Bitcoin futures contracts and cash or cash equivalents. According to information on the Hashdex website, as of March 27, the funds total net assets were US$11.16 million. (The Block)