{"id":29015,"date":"2020-09-22T12:40:49","date_gmt":"2020-09-22T09:40:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29015"},"modified":"2025-08-27T14:37:37","modified_gmt":"2025-08-27T11:37:37","slug":"brazilian-asset-manager-to-launch-bitcoin-etf-on-bermuda-stock-exchange","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/brazilian-asset-manager-to-launch-bitcoin-etf-on-bermuda-stock-exchange\/","title":{"rendered":"Brazilian asset manager to launch bitcoin ETF on Bermuda Stock Exchange"},"content":{"rendered":"<p>Hashdex, a Brazilian asset manager, in partnership with Nasdaq, will launch a bitcoin ETF on the Bermuda Stock Exchange (BSX).<\/p>\n<p><!--more--><\/p>\n<p>On September 18, BSX <a href=\"https:\/\/www.bsx.com\/news_articles.php?ArticleID=1100799614\" target=\"_blank\" rel=\"noopener noreferrer\">approved<\/a> Hashdex Nasdaq Crypto Index. For trading, 3 million Class E shares will be issued. The launch is set to occur by the end of the year, Brazilian media report.<\/p>\n<p>Nasdaq will unveil details closer to the launch.<\/p>\n<p>As of now Hashdex manages $46.4 million. The company already manages cryptocurrency assets. Among its custodial partners are Xapo, Kingdom Trust and Vo1t, writes <a href=\"https:\/\/cointelegraph.com\/news\/brazilian-fund-manager-and-nasdaq-to-launch-world-s-first-bitcoin-etf\" target=\"_blank\" rel=\"noopener noreferrer\">Cointelegraph<\/a>.<\/p>\n<p>Read more about bitcoin ETFs, bitcoin ETPs and exchange-traded notes in the educational card.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"XW4LOYyNN1\">\n<p>What is a cryptocurrency ETF?<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"What is a cryptocurrency ETF? \u2014 ForkLog\" src=\"https:\/\/forklog.com\/cryptorium\/chto-takoe-bitkoin-etf\/embed#?secret=i9NXdt2EaY#?secret=XW4LOYyNN1\" data-secret=\"XW4LOYyNN1\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Earlier, the U.S. Securities and Exchange Commission (SEC) rejected the latest bitcoin ETF application in February. Industry sources doubted that companies would secure SEC approval in 2020.<\/p>\n<p>Bitcoin-ETPs, a variant of ETFs, are already trading on the Vienna Stock Exchange (<a href=\"https:\/\/forklog.com\/en\/news\/vienna-stock-exchange-adds-bitcoin-and-ethereum-based-etps\">Wiener B\u00f6rse<\/a>), the Swiss SIX Swiss Exchange (<a href=\"https:\/\/forklog.com\/en\/news\/first-actively-managed-bitcoin-etp-listed-on-six-exchange\">SIX Swiss Exchange<\/a>), the German B\u00f6rse Stuttgart and Deutsche B\u00f6rse, and the Toronto Stock Exchange.<\/p>\n<p>The first similar product, a bitcoin-based ETN, appeared as early as 2015 on Sweden&#8217;s Nasdaq Stockholm.<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hashdex, a Brazilian asset manager, in partnership with Nasdaq, will launch a bitcoin ETF on the Bermuda Stock Exchange (BSX).<\/p>\n","protected":false},"author":1,"featured_media":29016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1917,1211],"class_list":["post-29015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bermuda-islands","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=29015"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29015\/revisions"}],"predecessor-version":[{"id":29017,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29015\/revisions\/29017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/29016"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=29015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=29015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=29015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}