Accessing DeFi via Hashdex and Bitwise

Hashdex product availability

The Hashdex DeFi Index ETF (DEFI11) is available in Brazil for those seeking access to decentralized finance protocols. This fund holds a portfolio including Uniswap at 19.08%, Ethereum at 10.76%, and Chainlink at 9.07%. It also holds assets like LIGHTER at 8.72%, Morpho at 8.46%, and Aave at 8.41%. This product remains active. However, the Hashdex Bitcoin ETF (DEFI) planned its liquidation in August 2026. That specific Bitcoin ETF held $14.7 million in assets as of July 30, 2026. Hashdex announced the closure of the DEFI fund on August 3, 2026, after an analysis of trading liquidity and operating costs. Shareholders who held shares as of the August 17, 2026, last trading day receive a cash liquidating distribution around August 28, 2026. Hashdex manages $435 million across Latin America, Europe, and the US. You should check the regulatory status in your specific region before committing capital. The DEFI11 ticker allows Brazilian investors to track decentralized protocols.

Bitwise DeFi alternatives

Bitwise Asset Management is a provider of alternatives for professional investors seeking DeFi exposure. The firm manages the Bitwise DeFi Crypto Index Fund, which launched in February 2021. It also provides the Bitwise Uniswap (UNI) Fund and the Bitwise Aave (AAVE) Fund. The Uniswap fund invests in UNI, the native token of the Uniswap protocol, which saw $60 billion in trading volume in June 2021. This volume was a 6,000% increase year over year. The Bitwise Aave Fund invests directly in AAVE, the native token of the Aave protocol, which grew its total outstanding loans from $93.7 million in July 2020 to $6.92 billion in July 2021. These Bitwise products serve RIAs, financial advisors, and hedge funds. Bitwise uses Anchorage Digital Bank, N.A. as a custodian. The Bitwise 10 Crypto Index Fund (BITW) maintains over $800 million in assets.

The Hashdex DeFi Index ETF (DEFI11) includes other positions like Jupiter at 3.21% and Curve at 2.25%. Smaller holdings consist of Aerodrome Finance at 1.57% and Arbitrum at 1.51%.

Performance and volatility

Performance comparisons reveal the volatility inherent in these assets. The Hashdex DeFi Index ETF (DEFI11) recorded a 15.25% return over the last six months, while the CF DeFi Composite Index recorded a 15.84% return over the same period. This performance contrasts with the Bitwise Bitcoin ETF (BITB), which saw a 12.68% decline in 2026 YTD. The Bitwise Bitcoin ETF (BITB) also shows a 45.26% volatility over the trailing one-year period. The Hashdex Bitcoin ETF (DEFI) saw its last trading day on NYSE Arca on August 17, 2026. Shareholders who held shares as of that date receive a cash liquidating distribution around August 28, 2026. The Hashdex DeFi Index ETF (DEFI11) saw a maximum drawdown of 40.96% according to recent data. This volatility makes these investments highly speculative for any investor. Can the market sustain these high-volatility shifts in capital allocation?