Brazil's Growing Crypto ETF Market

According to Odaily, Brazil now boasts 16 cryptocurrency ETFs, alongside other crypto-related funds. The country's first crypto ETF was approved in 2020, with BLP launching a crypto investment fund in Brazil back in 2017. BLP, Hashdex, and QR Asset are the primary crypto fund management companies in Brazil. More than half of the 16 crypto ETFs are managed by Hashdex (six funds) and QR Asset (four funds). Both Hashdex and QR Asset offer up to 100% exposure to crypto assets.