The assets under management (AUM) for Bitcoin spot-based ETFs traded on the Brazilian stock market have reached approximately $96.8 million as of November 21st. Among them, the Nasdaq Bitcoin Reference Price FDI (ticker BITH11), launched by Brazilian asset management company Hashdex, accounts for about $57.8 million, representing approximately 60% of the market share. This success is attributed to market-friendly regulatory policies and growing interest from institutional investors. Hashdex CEO Marcelo Sampaio mentioned that positive evaluations of cryptocurrency ETFs are spreading, and more large institutions are considering exposure to cryptocurrencies. The combined AUM of cryptocurrency-related ETFs managed by Hashdex is currently around $500 million. #bitcoin #ETF #cryptocurrency #brazil