🚨𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: The Brazilian Securities and Exchange Commission (CVM) has recently approved a second Solana exchange-traded fund (ETF). This new ETF, offered by Brazil-based asset manager Hashdex in collaboration with local investment bank BTG Pactual, is still in a pre-operational phase¹. Notably, Hashdex is an experienced player in the ETF segment on the B3 Brazilian stock exchange, having previously launched products like the Nasdaq Crypto Index, as well as Bitcoin and Ethereum-based ETFs. This development reflects growing interest in Solana within Brazil's financial market.
Interestingly, Brazil's proactive regulatory stance has paved the way for Solana ETFs, while the US SEC has been more cautious in approving them. Despite the challenges, asset managers like VanEck remain committed to launching Solana ETFs globally. Keep an eye on how this trend unfolds in the coming months! 😊.#CARVingTheFutureOfData #BrazilianReal #VOTEme #tipneeded
