BlackRock’s Ethereum ETF to be listed on Brazil’s B3 exchange on Wednesday
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Odaily Odaily reported that according to local media Portal do Bitcoin, BlackRock will list its iShares Ethereum Trust (ETHA) on the Brazilian B3 Exchange on Wednesday. The ETF will be traded in the form of Brazilian Depositary Receipts (BDRs) with the code ETHA39. BDRs are certificates representing stocks of foreign companies traded in the South American country. Nicolas Gomez, head of ETFs, index investments and products for Latin America at BlackRock, said: "The launch of ETHA39 now allows investors to invest in the two cryptocurrencies with the largest market capitalization." In March of this year, BlackRock's iShares Bitcoin Trust ETF (IBIT) also began trading on the Brazilian Stock Exchange. In addition to Bitcoin and Ethereum, the Brazilian Securities and Exchange Commission (CVM) recently approved two Solana-based ETFs to be listed on B3. (CoinDesk)
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