BlackRock's Spot Bitcoin ETF Starts Trading in Brazil !!!!!

-The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.

-BlackRock (BLK) has expanded trading of its spot bitcoin ETF, the iShares Bitcoin Trust ETF (IBIT), to Brazil.

-The fund started trading on the Brazilian stock exchange B3 on Friday.

-BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said.

-The asset manager announced the expansion on Thursday.

-"This is another opportunity for investors to include exposure to Bitcoin in their portfolios,” Felipe Gonçalves, B3's superintendent of interest and currency products, said in a statement.

-“The growing interest in the crypto market by investors from all over the world has sparked a search for options in the Brazilian capital market as well.”

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