Hashdex: First Spot Bitcoin ETF Closure

Hashdex closes its $DEFI spot bitcoin ETF after raising only $14m, marking the first such closure as the indie issuer launched well after the main pack.

Bitcoin trades at $64124.27 inside Bollinger Bands with upper resistance at $64503.18 and lower support at $62345.58; the EMA50 at $63763.28 and EMA200 at $63663.97 act as concrete long-term support while MACD golden cross at 133.27 keeps the 4h structure bullish and RSI at 56.89 shows neutral momentum, suggesting price may test the 50-EMA before any continuation higher. Late ETF launches face the same survival pressure seen across categories when timing misses the initial wave.