QR Assets launches DeFi ETF on Brazilian Stock Exchange
The DeFi ETF would be one of the first of its kind and follow the Bloomberg DeFi Index that tracks eleven DeFi protocols. Brazilian crypto asset manager QR Assets has launched a decentralized finance exchange-traded funds, or DeFi ETF, on the Brazilian Stock Exchange.The DeFi ETF called QDFI11 would track the Bloomberg Defi index and make 100% of its investment in real DeFi assets. The DeFi index tracks Uniswap (UNI), Aaave Decentralized Lending Pools (AAVE), MakerDao (MKR), Compound (COMP), Yearn.finance (YFI), SushiSwap (SUSHI), 0X (ZRX), Synthetix (SNX) and Curve (CRV). The ETF would be....
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The first Bitcoin ETF in Latin America made its debut yesterday on the Brazil Stock Exchange. Presented by QR Capital, a Brazilian blockchain investment firm, the ETF seeks to simplify Bitcoin exposure for institutions and companies. The ETF was approved by Brazilian regulators and is currently trading with the QBTC11 ticker. Bitcoin ETF Makes It in Brazil The first Bitcoin ETF initiative in Latam is already listed on the Brazilian stock exchange. Conceived by QR Capital, a blockchain investment firm and asset manager, its objective is to simplify Bitcoin access for institutions. This....
B3, the Brazilian stock exchange, will begin trading bitcoin futures contracts within the next three to six months and hopes to offer crypto-based services.
Brazilian asset manager QR Asset Management started trading its Bitcoin exchange-traded product on B3. The Brazil Stock Exchange, or B3, has launched the trading of another Bitcoin (BTC) exchange-traded fund, marking the growing acceptance of the crypto industry in the country.Brazilian asset manager QR Asset Management started trading its Bitcoin ETF with the ticker QBTC11 on the Sao Paulo-based B3 exchange on Wednesday, Cointelegraph Brasil reported.The listing comes several months after the Brazilian Securities and Exchange Commission approved QR’s Bitcoin ETF in March alongside another....
Chief financial officer André Milanez said that the product will launch within the next si months. B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.Milanez did not provide many details on how the product will work. It is not yet known if B3 will form a partnership or if it will offer Bitcoin futures trading directly, but the timeline for launching....
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM defines different classifications for existing cryptocurrency assets, specifies which can be viewed as securities, and explains how it will intervene in these markets. Brazilian Securities and Exchange Commission CVM Addresses Crypto Securities Classification The Brazilian Securities and Exchange Commission (CVM) has issued a new guidance opinion document that touches on the....