HawkInsight

  • Contact Us
  • App
  • English

Bitcoin ETF sets new record in Brazil

Internet reports that as the Bitcoin price rate approaches US$100,000, demand and prices for Bitcoin exchange-traded fund (ETF) shares on the Brazilian Stock Exchange soared. Hashdex, the first cryptocurrency ETF launched on B3, hit a record high, with a net asset value of nearly US$689 million. BITH11 is an ETF provided by Hashdex that provides 100% Bitcoin exposure, a record high, with a net asset value of nearly US$259 million. Every cryptocurrency ETF that contains Bitcoin has hit a record high. Only seven ETFs failed to do this, focusing instead on ETH and other areas of cryptocurrency, such as decentralized finance, non-homogeneous tokens (NFT) and Web3.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More