Blockchain investment firm QR Capital’s bitcoin exchange-traded fund (ETF) has started trading on the São Paulo-based B3 exchange under the ticker QBTC11, after being approved by the Brazilian Securities and Exchange Commission.

Nasdaq-listed cryptocurrency exchange Coinbase has seen Japan’s Financial Services Agency (FSA) greenlight its move into the Japanese crypto market by registering it as a crypto exchange in the country.

Canadian digital-asset manager 3iQ’s bitcoin ETF has started trading on Nasdaq Dubai. The new listing marks the emergence of the Middle East’s first indexed digital asset-based fund, according to 3iQ chairman and CEO Frederick Pye.

Top stories in the Crypto Roundup today:

• Brazil Stock Exchange Lists Latin America’s First Bitcoin ETF
• Coinbase Gets Greenlight to Enter Japanese Crypto Market
• 3iQ’s Bitcoin ETF Starts Trading on Nasdaq Dubai
• Daily Movers – DOGE, TRX, KLAY

Brazil Stock Exchange Lists Latin America’s First Bitcoin ETF

Blockchain investment firm QR Capital’s bitcoin exchange-traded fund (ETF) has started trading on the São Paulo-based B3 exchange under the ticker QBTC11, after being approved by the Brazilian Securities and Exchange Commission.

The Bitcoin ETF gives investors exposure to bitcoin without them having to worry about managing their own private keys. QR Capital CEO Fernando Carvalho described the listing as a “historic moment for the cryptomarket and the conventional financial market as well.”

QBTC11 is the first ETF available in Latin America offering investors complete exposure to the flagship cryptocurrency. The B3 exchange also allows investors to invest in Hashdex’s crypto ETF HASH11, which offers exposure to seven additional cryptoassets.

Coinbase Gets Greenlight to Enter Japanese Crypto Market

Nasdaq-listed cryptocurrency exchange Coinbase has seen Japan’s Financial Services Agency (FSA) greenlight its move into the Japanese crypto market by registering it as a crypto exchange in the country.

According to the FSA, Coinbase is going to be allowed to trade bitcoin (BTC), bitcoin cash (BCH), ether (ETH), stellar lumens (XLM), and litecoin (LTC) through a subsidiary of Coinbase Global, the company listed on the Nasdaq.

Coinbase has been planning to enter the Japanese crypto market since at least 2018, as back then the firm said it would be “working hand-in-hand with the Japanese FSA to ensure compliance with local laws at every stage.”

The exchange is also a member of a self-regulatory organization called the Japan Virtual and Crypto Assets Exchange Association (JVCEA).

3iQ’s Bitcoin ETF Starts Trading on Nasdaq Dubai

Canadian digital-asset manager 3iQ’s bitcoin ETF has started trading on Nasdaq Dubai. The new listing marks the emergence of the Middle East’s first indexed digital asset-based fund, according to 3iQ chairman and CEO Frederick Pye.

Pye said in a statement:

“I believe that, whether it happens this year, Bitcoin is going to get to a new all-time-high. Yesterday Bitcoin closed at $32,000-a-unit and this morning it opened up at $34,000, so we got about a five percent boom in the price of Bitcoin since yesterday. Hopefully we’re going to get a good move on the first day of the Dubai Nasdaq.”

3iQ received regulatory approval for a dual listing of its Bitcoin Fund (QBTC) on Nasdaq Dubai in April, with trading starting in the second quarter of the year. Pye added the firm is in talks with exchanges in Singapore, Taiwan, Sweden, and the United States to list the fund.

Daily Movers – DOGE, TRX, KLAY

Several tokens are leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Dogecoin (DOGE) - Dogecoin was created back in 2013 as a joke. The cryptocurrency’s community is well-known for taking on philanthropic projects, which included helping charitable organizations. It made headlines in 2014 after raising more than $25,000 worth of DOGE to let the Jamaican bobsleigh team attend the Winter Olympics in Sochi.

TRON (TRX) – TRON is a blockchain-based decentralized platform looking to build a free, global digital content entertainment system with distributed storage technology. It allows for low-cost transactions and supports smart contracts.

Klaytn (KLAY) - Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. It combines features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design.

State of the Crypto by Top Tier Exchange Volume

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