Transaction URL: https://blockchain.com/btc/tx/a70dc36b8a169566109d0cf21fd7b47060cfc2d07f9d873c3684996d6df99a71
- Crunch
- Global
BlackRock has announced the upcoming listing of its iShares Ethereum Trust (ETHA) on Brazil’s Stock Exchange (B3) this Wednesday. Local media outlet Portal do Bitcoin revealed that the ETF, coded as ETHA39, will be available as a Brazilian depositary receipt (BDR). This move signifies a major step in offering investors exposure to leading cryptocurrencies.
Nicolas Gomez, the head of ETFs, index investments, and products for Latin America at BlackRock, highlighted the significance of ETHA39. He stated that this launch will provide investors access to the two largest cryptocurrencies by market capitalization, marking a pivotal moment in crypto investment accessibility in South America.
Earlier this year, BlackRock’s iShares Bitcoin Trust ETF (IBIT) began trading on the Brazilian stock exchange, which has seen a surge in institutional crypto products. Following the success of Bitcoin and Ethereum ETFs, the Brazilian Securities and Exchange Commission (CVM) also approved the listing of two Solana-based ETFs, further diversifying the crypto offerings on B3.
Consolidation within the crypto ETP space continues with another move by Bitwise, reflecting a broader industry trend that appears poised to continue.
CoinShares closed its deal to acquire Valkyrie’s US-centric ETF business in March. Then last week, crypto asset manager Bitwise bought ETC Group.
Bitwise followed up that purchase by revealing on Tuesday its pending deal to acquire the assets within the Osprey Bitcoin Trust — currently totaling roughly $120 million.
For Osprey shareholders, this deal “will lower costs and increase liquidity while providing continuity to their investment,” Bitwise CEO Hunter Horsley told Blockworks.
Read more: Osprey Bitcoin Trust seeks merger…
Read more on Blockworks
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.
Every morning at 6am, in Punxsutawney, Pennsylvania, the cynic weatherman Phil Connors wakes up to experience the same day over and over and over again. Stuck in a time loop, Connors tries everything to get his life back to normal – he gets stabbed, shot, burned, frozen and electrocuted, only to wake up again the next day as if nothing had happened. Connors quickly comes to the only plausible conclusion: he must be a god.
Thinking ourselves to be undefeatable has never been a particularly smart strategy, in times of war or otherwise. If we believe in cosmology, from Nietzsche to…
Read more on BitcoinMagazine
New Zealand is set to implement the OECD’s crypto reporting framework by April 2026, aiming to enhance transparency and combat international tax evasion. As outlined in a recent policy document, the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Bill introduced by Minister of Revenue Simon Watts supports this initiative. The framework, approved by the OECD in 2022, mandates firms to provide detailed tax information on crypto asset transactions.
Starting April 1, 2026, local crypto-asset service providers will be required to gather data on users’ transactions. This move is designed to streamline the exchange of information and support global efforts against tax evasion. The framework’s adoption demonstrates New Zealand’s commitment to aligning with international standards in financial transparency.
By June 30, 2027, firms will need to report this transaction information to the Inland Revenue. This progressive step not only supports global financial integrity but also positions New Zealand as a leader in responsible crypto regulation.