Deep Tide TechFlow News, on November 20, according to Cryptonews, the Colombian Stock Exchange (BVC) is exploring the launch of cryptocurrency ETF products through its overseas investment department. BVC's equity investment director Nicolás Sánchez stated that as new participants and market makers enter the market, the exchange is committed to expanding its product offerings and improving market efficiency. Currently, BVC is in talks with its public foreign securities platform Colombian Global Market (MGC).
It is reported that Colombia is the third highest country in Latin America for cryptocurrency adoption rates, following Brazil and Argentina. This move may emulate the successful experience of Brazil's B3 exchange, which launched the world's first Solana (SOL) ETF in August this year.
