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Source: Defiance ETFs/PRNewswire
Vildana Hajric and
Isabelle Lee
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The crisis in all things crypto looks set to claim another victim as the first-ever exchange-traded fund centered on nonfungible tokens prepares to liquidate.
The Defiance Digital Revolution ETF (ticker NFTZ), which launched at the end of 2021, will close at the end of February, according to a press release. The fund, which tracked blockchain-related companies and an NFT index, will start liquidating its portfolio on or about Feb. 16.
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