Brazilian fund manager and Nasdaq to launch world's first Bitcoin ETF

Cointelegraph

Published Sep 21, 2020 09:31PM ET

Updated Sep 21, 2020 11:20PM ET

Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX).

The stock exchange announced it had approved the ‘Hashdex Nasdaq Crypto Index’ on September 18, revealing that 3 million Class E shares will be issued for trade on the platform. Cointelegraph Brazil confirmed the Nasdaq partnership and ETF with Hashdex’s chief executive, Marcelo Sampaio

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