🪙 The inaugural Solana Spot ETF has successfully raised $2.75 million on Brazil's B3 Stock Exchange
On Thursday, Solana’s first exchange-traded fund (ETF) raised over $2.75 million during its public offering on Brazil’s B3 stock exchange. This product, approved by the Brazilian securities regulator (CVM) and offered by QR Asset, also has a bitcoin-based counterpart.
Despite raising only 15% of what the bitcoin ETF did, Theodoro Fleury, QR Asset’s investment manager, emphasized Solana’s growth potential and its importance in investors’ portfolios. The highlighted that the Solana ETF offers greater security for conservative investors and is crucial for institutional investors who cannot directly purchase the asset.
#Solana #ETF✅ #Brasil #TopCoinsSeptember
🧧Hint: Solana Collective
