Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Brazil spot Bitcoin ETF approaches $100 million in AUM

Brazil spot Bitcoin ETF approaches $100 million in AUM

CointimeCointime2023/11/27 20:03
By:Cointime

A Brazilian investigation found that the asset management scale of Brazil's spot Bitcoin ETF is close to 100 million US dollars. As of November 21st, the total AUM of these ETFs was 96.8 million US dollars, with Hashdex's Nasdaq Bitcoin reference price FDI (BITH11) leading the way. As of November 21st, the management asset scale was 57.8 million US dollars, and the market share was about 60%.

Other spot Bitcoin ETF providers in Brazil include Itau Asset Management, which partnered with Mike Novogratz's Galaxy Digital to launch a fund last year, and QR Capital's products launched in 2021, with an asset management scale of 36 million US dollars.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Visionary or 'financial comedy'? Market participants weigh MicroStrategy's stock premium amid bitcoin buying spree

MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.The stock’s 440% year-to-date surge has baffled some financial pundits, while others have cheered its corporate strategy.

The Block2024/11/26 19:44

Congress’s top priorities this lame duck session

Here’s a look at what lawmakers are most focused on in these final weeks of the 118th Congress

Blockworks2024/11/26 18:33

BTC breaks through $94,000

Cointime2024/11/26 16:55