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Brazil's Securities and Exchange Commission has approved the first Solana Spot ETF

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2024-08-08 03:05:41
Brazil's Securities and Exchange Commission (CVM) has approved the first Solana Spot ETF. The investment product is offered by QR, a Bitcoin and Ethereum ETF management company, and will be managed by Vortx. The ETF is still in the pre-operational stage and still needs approval from B3 for regulatory reasons. It will be launched within a maximum of 90 days.
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