BlackRock will list its iShares Ethereum Trust (ETHA) on Brazil’s B3 exchange on Wednesday, local media Portal do Bitcoin reported. The ETF will trade in the form of Brazilian Depositary Receipts (BDRs) under the ticker ETHA39, which are certificates representing shares of foreign companies traded in the South American country.
Nicolas Gomez, BlackRock’s head of ETFs, index investing and products for Latin America, said: “The launch of ETHA39 now allows investors to invest in the two largest cryptocurrencies by market capitalization.”
In March this year, BlackRock’s iShares Bitcoin Trust ETF (IBIT) also began trading on the Brazilian Stock Exchange, and in addition to Bitcoin and Ethereum, the Brazilian Securities and Exchange Commission (CVM) recently approved two Solana-based ETFs to be listed on B3. (CoinDesk)