Andrés Engler is a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC.
The ether ETF will trade under the ticker code ETHA39 as a Brazilian depositary receipt, a certificate that represents shares of foreign companies.
In March, BlackRock’s iShares Bitcoin Trust ETF started trading on the Brazilian stock exchange.The ETF will trade under the ticker code ETHA39 as a Brazilian depositary receipt , a certificate that represents shares of foreign companies traded in the South American country. “The launch of ETHA39 now allows investors to have access to the two largest cryptocurrencies by market capitalization,” said Nicolas Gomez, BlackRock's head of ETFs, index investments, and products for Latin America.on the Brazilian stock exchange, which has become a solid market for institutional products.
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