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The Brazilian Stock Exchange approves two new crypto ETFs in Latin America According to Cointelegraph


The Brazilian Stock Exchange approves two new crypto ETFs in Latin America

The Brazilian Securities and Exchange Commission, or CVM, has approved two cryptocurrencies ETF this week – one 100% and another composed out of five cryptocurrencies, apart from Bitcoin (BTC).

For QR Asset Management, the ETF manager only Bitcoin, product may accelerate the launch of a similar product in the United States, as the CVM, as well as the Securities and Exchange Commission, or SEC, are part of the International Organization of the Securities and Exchange Commission, or IOSCO.