BlackRock launches iShares Bitcoin Trust ETF BDR in Brazil
According to Portaldobitcoin news, the world's largest asset management company BlackRock announced on Thursday (29th) that it will cooperate with B3, the operator of Brazil's stock exchange, to launch iShares Bitcoin Trust ETF BDR in Brazil. Similar to ETFs launched in the United States, this is Brazil's first cryptocurrency ETF. As it is issued in Brazil and backed by overseas stocks, BlackRock's product is defined as Brazilian Depositary Receipts (BDR), known as ETF BDR.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 5.34 million LINK have been withdrawn from exchanges in the past 24 hours
Derive co-founder proposes to increase DRV token supply by 50%
USDe supply surpasses 13 billion, reaching a new all-time high
Trending news
MoreCrypto prices
More
