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27 July 2021

Brazil Approves First Latam Based Ethereum ETF – Bitcoin News

Brazil Approves First Latam Based Ethereum ETF – Bitcoin News


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It will be traded with the QETH11 ticker on the B3 stock exchange.

The product, identified with the QETH11 ticker, will be traded on the B3 stock exchange in Sao Paolo.

This new ETF will be 100% backed by assets purchased in the market, and these assets will be guarded by Gemini, which will provide custody services.

QR Asset, the company bringing this new ETF to the market, already has a Bitcoin ETF on the market.

With these offerings, QR Asset is now the lone provider of crypto ETF products in Brazil.

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What Will A Bitcoin ETF Mean For Adoption?
published: 13 minutes ago
Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors.

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