BlackRock: Will launch iShares Bitcoin Trust ETF BDR in Brazil
ChainCatcher news, according to Portal do Bitcoin, asset management giant BlackRock has announced a partnership with Brazilian stock exchange operator B3 to launch the iShares Bitcoin Trust ETF BDR in Brazil.
It is reported that since this product is issued in Brazil and backed by overseas stocks, it is defined as a Brazilian Depositary Receipt (BDR), referred to as ETF BDR.
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