đ BlackRock Expands Crypto Horizons in Brazil! đ
- BlackRock has listed its Ethereum ETF on Brazilâs B3 stock exchange under the ticker ETHA39.
- Retail and institutional investors can now trade the iShares Ethereum Trust (ETHA) in local currency.
- Shares are priced at one-third of their original value, with management fees set at 0.25% per year, halved to 0.12% for the first year or until $2.5 billion in assets.
- This follows the successful launch of BlackRockâs Bitcoin ETF in Brazil.
- Brazil leads LATAM crypto trading, with $6B in volume in early 2024.
Investors, get ready for a crypto carnival! đ