02/07/2025 | Press release | Distributed by Public on 02/07/2025 16:29
Item 1.01. Entry into a Material Definitive Agreement.
As of February 3, 2025, the Amended and Restated '33 Act Fund Platform Support Agreement by and among Tidal Investments LLC (the "Sponsor"), Tidal ETF Services LLC, Hashdex Asset Management Ltd., and Teucrium Trading, LLC, dated October 24, 2023 (the "Support Agreement"), which sets forth the terms and conditions applicable to the launch, marketing, promotion, development, and ongoing operation of the Hashdex Bitcoin ETF (the "Fund"), as well the respective rights in profits and obligations for expenses, was amended to reflect the voluntary withdrawal of the Prior Sponsor from the Support Agreement. Accordingly, the Prior Sponsor no longer has rights to any revenue generated by the Fund and has no further financial or operational obligations related to Fund costs, expenses, or liabilities.