Blackrock Launches Bitcoin ETF on Chilean Stock Market
Last week, the Ishares Bitcoin Trust (IBIT) began trading on the Santiago Stock Exchange, Chile’s main financial market.
Approved by the U.S. Securities and Exchange Commission (SEC) this year, this leading spot bitcoin exchange-traded fund (ETF) offers Chilean investors an accessible and efficient digital asset for their portfolios. Silvia Fernandez, BlackRock Chile’s country head, highlighted the ETF’s backing by Ishares’ extensive risk management experience.
Patricio Rojas, Santiago Stock Exchange’s general manager, emphasized that this addition represents significant progress in diversifying the products available in their market.
Clever Robot News Desk 2nd July 2024
