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News
Brazil now has 16 cryptocurrency ETFs

Brazil now has 16 cryptocurrency ETFs

Bitget2024/09/02 10:46

News on September 2, Brazil now has 16 cryptocurrency ETFs, along with other funds related to crypto. The first crypto ETF in Brazil was approved in 2020, and the management company BLP launched a crypto investment fund in Brazil in 2017. BLP, Hashdex and QR Asset are the main cryptocurrency fund management companies in Brazil. More than half of the 16 cryptocurrency ETFs come from Hashdex (6 funds) and QR Asset (4 funds). The risk exposure of Hashdex and QR's crypto assets is as high as 100%.

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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.

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