Brazil-based crypto asset manager Hashdex plans to shut down its U.S. spot Bitcoin ETF after the fund struggles to attract assets. According to the reports, Hashdex will liquidate the ETF later this month, ending a product that began trading in 2024. The decision follows a period in which the fund has not gathered enough investor capital to sustain operations at the current scale. The sources present the shutdown primarily as a liquidation of the ETF rather than a change in the underlying strategy, with the stated outcome being the end of the fund. No alternative timeline or replacement product is described in the available coverage. The ETF’s closure marks the end of a limited run for the vehicle launched in 2024, reflecting ongoing challenges some spot Bitcoin ETFs face in attracting and maintaining inflows in a competitive U.S. market. The reports do not provide additional details on the liquidation process, expected effects on holdings, or broader implications for Hashdex’s other products.