Argentina: First Bitcoin-indexed ETF makes debut this week
While the media is following the rise of Bitcoin in El Salvador, another Latin American country may soon be active – Both in terms of Bitcoin adoption and Bitcoin mining.
This week, Argentina reportedly saw the launch of its first ETF indexed to the value of Bitcoin.
The company behind the project is the Matba Rofex group. In a recent interview, Deputy General Manager of Financial Markets, Ismael Caram, pointed out how Argentina’s market traditionally held capital and granary-related assets.
Naturally, the jump from that into crypto required a number of steps.
According to a translated statement, Caram said,
“And the first step is to list a future. For that we have to request authorization from the National Securities Commission (CNV) and, prior
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