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BlackRock to Launch Brazil’s First Bitcoin ETF on March 1
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cryptonews.comBlackRock is set to broaden Brazil’s cryptocurrency market with the introduction of the country’s first spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust BDR (IBIT39).
Scheduled for launch on March 1 on Brazil’s main stock exchange B3, the iShares Bitcoin Trust Brazilian Depositary Receipts (BDR) will be accessible to qualified investors, with plans to extend availability to retail investors pending regulatory approval.
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