The Brazilian Securities and Exchange Commission (CVM) has actually authorized a 2nd Solana exchange-traded fund (ETF), the firm revealed in its central database.
According to the CVM database, the brand-new Solana (SOL) ETF, which remains in a pre-operational stage, will be used by Brazil-based Hashdex– a Brazil-based possession supervisor with over $962 million in properties under management– in collaboration with the regional financial investment bank BTG Pactual.
01:09
Digital Assets Head Weighs in on Spot Bitcoin ETF Race in the U.S.
06:12
Comprehending the Success of Spot Bitcoin ETFs in Brazil
06:12
Comprehending the Success of Spot Bitcoin ETFs in Brazil
01:15
Hashdex CEO Discusses Brazil’s ‘Sophisticated’ Market for Crypto
Hashdex is a skilled gamer in the ETF section on the B3 Brazilian stock market, having actually currently released items such as the Nasdaq Crypto Index along with Bitcoin and Ethereum-based ETFs.
On Aug. 8, the CVM authorized the nation’s very first Solana ETF, this one used by Brazil-based property supervisor QR Asset.
Modified by Stephen Alpher.
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