
BlackRock has listed its Ethereum ETF (ETHA39) on Brazil's B3 stock exchange. ETHA39, which trades as a Brazilian Depositary Receipt (BDR), is valued at one-third of the US-based ETHA share.This launch underscores Brazil's growing leadership in the crypto ETF space, following the introduction of other crypto ETFs like the Bitcoin ETF (IBIT39) and Solana ETF (QSOL11). Despite outflows in the US market, Brazil continues to embrace and expand access to digital assets for institutional investors. Source: Beincrypto