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❕NEWS BlackRock launches spot Bitcoin ETF in Brazil

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Warfare

Warfare

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After the success it had with its iShares Bitcoin Trust ETF (IBIT), launched on January 10 in the United States, BlackRock is expanding to Brazil.
Their spot Bitcoin ETF began trading on the Brazilian stock exchange B3 on March 1.
This is the same day their ETF reached an amount of over $10 billion in assets under management.
 
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Investing in blockchain ETFs presents a way to gain exposure to the blockchain technology sector without directly investing in cryptocurrencies, which are highly volatile and subject to regulatory scrutiny. Here's an overview of what you need to know about investing in blockchain ETFs.
 
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With a competitive 0.12% management fees in Brazil and now that Bitcoin is $65,000 in price, that IBIT ETF should be doing very well in Brazil. All the pointers are positive as it stands and it would attract good amounts of investment from Brazil.
 
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