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Bitcoin ETFs surge in Brazil as prices near $100,000

The demand and prices for Bitcoin ETFs on the Brazilian stock exchange have surged as Bitcoin’s value approaches $100,000. The first cryptocurrency ETF launched by Hashdex on B3 has reached an all-time high, with its net asset value nearing $689 million.

Additionally, Hashdex’s BITH11 ETF has also hit a record high, with a net asset value close to $259 million. Every cryptocurrency ETF containing Bitcoin has achieved its highest price to date.

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