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Galaxy Digital Launches Bitcoin ETF In Brazil

Galaxy Digital has announced a partnership with the biggest asset manager in Latin America, Itaú Asset Management, to launch a new ETF, the IT Now Bloomberg Galaxy Bitcoin ETF (BITI11), available for trade on the B3 stock exchange. The launch is the first part of a new initiative by Galaxy Digital to create a suite of different crypto ETFs in Brazil. A quote from Galaxy Digital’s global head of asset management states, “As the crypto market develops institutionally, there is a big role for blue-chip firms like Galaxy to act as a partner to large institutions that have deep client bases yet lack the in-house expertise that’s necessary to build and create high-end quality crypto products.”

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,937 0.23 % 2.11 % 3.88 %
Litecoin86.08 0.01 % 0.48 % 4.68 %
XRP0.5299 0.39 % 0.48 % 2.56 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
Solana172.85 0.40 % 3.14 % 7.86 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %