https://cointelegraph.com.br/news/banco-itau-and-btg-pactual-join-hashdex-and-announce-brazils-first-bitcoin-etf-with-cvm-approval (in portuguese)
I personally think these bitcoin derivatives are BS , not your keys not your coins..
That being said, I think this is yet another sign bitcoin is taking over, banks (and soon, if not already, central banks) cannot deny it anymore. It seems more and more inevitable for hyperbitcoinization to happen.
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