Blackrock makes a groundbreaking entry into Brazil's 🇧🇷 crypto market with the debut of the iSHARES Bitcoin Trust ETF (IBIT39) on B3, the country's leading stock exchange.
With an initial management fee of 0.25%, set to decrease to 0.12% once the fund surpasses $5 billion in assets under management (AUM), this move signals a significant step towards mainstream cryptocurrency adoption in financial markets.
This strategic launch not only offers investors a new avenue to engage with #Bitcoin but also reflects the growing interest and confidence in digital assets.
What impact will this have on the crypto landscape in Brazil and globally?
#Blackrock #iSHARESBitcoinTrust #CryptoETF #BrazilStockExchange #DigitalAssets