Blackrock Launching Brazil's First Bitcoin ETF Blackrock is l | 🔸️Ethereum | Bitcoin & Altcoin News

Blackrock Launching Brazil's First Bitcoin ETF

Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to expand into the digital asset market, although it does not constitute an endorsement of crypto according to Country Manager Karina Saade.

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