Brazil Approves Second Solana ETF

Bitget App

Trade smarter

Cointime2024/08/21 02:01

By:Cointime

The Brazilian Securities and Exchange Commission (CVM) has approved the second Solana Exchange Traded Fund (ETF), which was disclosed in its central database. According to the CVM database, the new Solana (SOL) ETF is in the pre-operational stage and will be launched in partnership with Hashdex (an asset management company headquartered in Brazil that manages over $962 million in assets) and local investment bank BTG Pactual. Hashdex is an experienced player in the ETF field of the Brazilian B3 stock exchange and has already launched products such as the Nasdaq Crypto Index and ETFs based on Bitcoin and Ethereum. On August 8th, the CVM approved the country's first Solana ETF, issued by Brazilian asset management company QR Asset.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Strategy reported a Q4 net loss of $670.8 million, largely due to a $1 billion impairment on its bitcoin holdings, while increasing its BTC reserves to a record 471,107 BTC.With a recent accounting change allowing unrealized bitcoin gains to be recognized, analysts suggest MSTR could be on track for S&P 500 inclusion.

The Block•2025/02/07 19:00

The Daily: Cboe BZX files to list XRP ETFs, BlackRock increases Strategy ownership to 5% and more

Cboe BZX Exchange filed 19b-4 forms with the Securities and Exchange Commission late Thursday to list and trade spot XRP ETFs for Bitwise, 21Shares and Canary Capital.Asset management giant BlackRock has increased its ownership stake in Strategy (formerly MicroStrategy) from 4.09% to 5%, according to a Schedule 13G filing with the SEC.

The Block•2025/02/07 19:00