<br><div><p>The disaster in all issues crypto appears to be like set to assert one other sufferer because the first-ever exchange-traded fund centered on nonfungible tokens prepares to liquidate.</p><p>The Defiance Digital Revolution ETF (ticker <a target="_blank" href="https://news.google.com/quote/NFTZ:US" title="Company Overview" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="security" content="NFTZ US Equity"/><meta itemprop="type" content="SecurityLink"/>NFTZ</a>), which <a target="_blank" href="https://www.bloomberg.com/news/articles/2021-12-02/defiance-launches-nft-etf-as-crypto-workaround-funds-proliferate" title="NFT-Linked ETF Is Launching as Wait for Crypto Fund Goes On (1)" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="StoryLink"/><meta itemprop="suid" content="R3HOGFDWLU6K"/>launched</a> on the finish of 2021, will shut on the finish of February, <a target="_blank" href="https://www.businesswire.com/news/home/20230127005391/en/Defiance-Announces-Fund-Closure" title="NFTZ" itemscope="itemscope" itemprop="StoryLink" rel="noopener"><meta itemprop="type" content="WebLink"/>according to a press release</a>. The fund, which tracked blockchain-related corporations and an NFT index, will begin liquidating its portfolio on or about Feb. 16. </p></div>
Defiance Digital Revolution ETF Is Closing as NFT Crypto Trend Cools
The disaster in all issues crypto appears to be like set to assert one other sufferer because the first-ever exchange-traded fund centered on nonfungible tokens prepares to liquidate.The Defiance Digital Revolution ETF (ticker NFTZ), which launched on the finish of 2021, will shut on the finish of February, according to a press release. The fund, which tracked blockchain-related corporations and an NFT index, will begin liquidating its portfolio on or about Feb. 16.
