B3 lists Brazil's first cryptocurrency ETF

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The Brazilian stock exchange (B3) started trading on Monday (23) the country's first cryptocurrency ETF, the Hashdex Nasdaq Crypto Index Index Fund.
Under the HASH11 ticker, the Hashdex product was launched at 10:00 am on B3.
HASH11 offers exposure to a theoretical crypto portfolio, with an initial value of approximately R$ 50.00 per share. The ETF portfolio is defined by the Nasdaq Crypto Index (NCI) and will follow the same trading dynamics as the other ETFs listed in B3.
Last Thursday (22), the gross value of the first issuance of quotas was R$ 615 million, in which each quota was priced at R$ 47.02.
At the moment, HASH11 is being traded at R$ 49.70.
Source: Money Times

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