【Crypto World】There is a significant market development—Defiance has announced the closure of its Nasdaq-listed Ethereum ETF product ETHI. This fund originally tracked Ethereum’s leveraged long and yield strategies and is now facing liquidation.
Not only ETHI, but Defiance has also decided to liquidate eight related products at once. In addition to ETHI, there are PLT, HOOI, SMCC, AMDU, HIMY, TRIL, LLYZ—all of which are ETFs employing leveraged long and yield enhancement strategies.
What is the reason behind this wave of adjustments? It could be due to declining demand for such high-leverage products or strategic shifts within the company. Investors holding these products should quickly understand the liquidation schedule and redemption mechanisms to prepare for reallocation of funds.
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SchroedingerGas
· 3h ago
Leverage ETFs are being liquidated one after another, the pace is a bit fast...
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Degen4Breakfast
· 3h ago
Clear 8 at once? Are you planning to liquidate everything and run away?
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LadderToolGuy
· 3h ago
Another wave of liquidations, leverage products are really becoming less and less popular.
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BitcoinDaddy
· 3h ago
Leverage ETFs have once again suffered heavy losses, this is true liquidation
Clearing 8 positions at once? Defiance, are you planning to completely liquidate?
Brothers holding positions, hurry up and run, don't end up taking a loss at the end
High leverage will eventually come to an end, it should have stopped long ago
Demand slowdown is just a cover, isn't it still about not making money
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MetaDreamer
· 3h ago
Leverage ETFs die one after another; this is the fate of high-risk products.
Defiance announces liquidation of 8 Ethereum leveraged ETF products including ETHI
【Crypto World】There is a significant market development—Defiance has announced the closure of its Nasdaq-listed Ethereum ETF product ETHI. This fund originally tracked Ethereum’s leveraged long and yield strategies and is now facing liquidation.
Not only ETHI, but Defiance has also decided to liquidate eight related products at once. In addition to ETHI, there are PLT, HOOI, SMCC, AMDU, HIMY, TRIL, LLYZ—all of which are ETFs employing leveraged long and yield enhancement strategies.
What is the reason behind this wave of adjustments? It could be due to declining demand for such high-leverage products or strategic shifts within the company. Investors holding these products should quickly understand the liquidation schedule and redemption mechanisms to prepare for reallocation of funds.