Brazil is on the verge of launching its first spot Solana exchange-traded fund (ETF), thanks to the Brazilian Securities and Exchange Commission’s (CVM) recent approvals. The QR Asset Management firm will be managing the new ETF, while Vortx will play the role of the fund manager. This ETF launch is poised to enhance Brazil’s status as a pioneer in the crypto ETF market, aligning with global trends towards acceptance and regulatory clarity. Brazil introduces its first Solana ETF, s...
