The post the second crypto ETF on Solana approved by the CVM appeared on BitcoinEthereumNews.com.

Crypto news: the Commissione per i titoli e gli scambi (CVM) of Brazil has approved a second ETF on Solana. The new Exchange-Traded Fund will be offered by Hashdex in partnership with the local investment bank BTG Pactual. Brazil: the second crypto ETF on Solana is coming La Commissione per i titoli e gli scambi (CVM) del Brasile ha annunciato di aver approvato un secondo ETF su Solana (SOL).  Brazil @cvmgovbr has approved a second ETF fund based on Solana, which will be launched by the Brazilian asset manager Hashdex in collaboration with the local investment bank @BTGPactual The new Exchange-Traded Fund on Solana is in the pre-operational phase, but from what has emerged it will be offered by the asset manager of Hashdex, in partnership with the local investment bank BTG Pactual. Specifically, Hashdex is an experienced operator in the ETF segment on the Brazilian stock exchange B3.  The asset manager based in Brazil with over 962 million dollars in assets under management, has already launched products such as the Nasdaq Crypto Index and ETFs based on Bitcoin and Ethereum.  Brazil: the second crypto ETF on Solana three weeks after the launch of the first And speaking of ETF on Solana in Brazil, this news of the approval of the second fund arrives just three weeks after the first one was launched.  And indeed, only on August 8, the CVM approved the first ETF on Solana, starting this type of product in Brazil.  In that case, however, the Brazilian asset manager QR Asset offered the ETF while Vortx, a local fintech focused on capital markets, is the manager. Moving to the USA, during this 2024, after the approval of spot Bitcoin ETFs in January and spot Ethereum ETFs in July, the rumors about a future launch of spot Solana…

---

Filed under: News - @ August 21, 2024 8:22 am