BlackRock Expands Crypto Products Abroad! 🇧🇷
- On August 28, BlackRock listed its Ethereum (ETH) ETF on Brazil's B3 exchange.
- Investors can trade iShares Ethereum Trust (ETHA) under the ticker ETHA39.
- Management fee of 0.25%/year, reduced to 0.12% in the first year or until reaching $2.5 billion AUM.
- Brazil leads LATAM with $6B in crypto trading in 2024.
- BlackRock has also launched iShares Bitcoin Trust in Brazil.
What do you think about this move by BlackRock? Comment below! 💬