Bitcoin Futures Approved For Trading On Brazil’s B3 Exchange, Launching April 17

Summary

Brazil's B3 exchange has gained approval to offer Bitcoin futures trading, linked to Nasdaq's Bitcoin reference price. The futures contracts will be financially settled. BlackRock's iShares Bitcoin Trust ETF has also launched in Brazil, with a management fee of 0.25%. These developments solidify Brazil's position in the global Bitcoin market. BTC is currently trading at $70,400, showing strong momentum and significant gains over various time frames.