Ethereum ETF to List on Brazil's Stock Exchange
The fund will trade on the Sao Paulo-based B3 exchange under the ticker QETH11, QR Capital said.
Jul 14, 2021 at 9:23 a.m. UTCUpdated Aug 21, 2021 at 6:47 p.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/IZ4QQTZW3FBYLN62WYSOPWK6ZI.jpg)
Blockchain investment firm QR Capital is to list an ethereum exchange-traded fund (ETF) on Brazil's stock exchange after winning approval from the markets regulator.
- The ETF will list on the Sao Paulo-based B3 exchange under the ticker QETH11, QR Capital said in a tweet Tuesday.
- QETH11 won approval from Brazil's Securities and Exchange Commission and will use institutional custody provided by crypto exchange Gemini. It is Latin America's first ethereum ETF, QR Capital said.
- QR Capital will buy ether and offer investors exposure to it without them having to worry about wallets or private keys.
STORY CONTINUES BELOW
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)