The current bitcoin value hike that has pushed trade charges near $100,000 per token has additionally fueled the demand for and costs of Bitcoin exchange-traded fund (ETF) shares within the Brazilian inventory trade. Hashdex, the primary crypto ETF launched on B3, reached all-time highs, with a internet asset worth nearing $689 million. BITH11, an ETF provided by Hashdex that gives 100% publicity to bitcoin, hit an all-time excessive, with a internet asset worth of almost $259 million. Each crypto ETF that features bitcoin in its composition reached document costs. Solely seven ETFs failed to do that, focusing as a substitute on ETH and different areas of crypto, equivalent to decentralized finance, non-fungible tokens (NFTs), and Web3.
Bitcoin ETFs Set New Records in Brazil
