Together, those ETFs have $96.8 million of assets under management (AUM) as of November 21, led by Hashdex’s Nasdaq Bitcoin Reference Price FDI (BITH11) with $57.8 million in AUM as of November 21, or a market share of about 60%. As comparison, the largest ETF in the nation, iShares Ibovespa Index (BOVA11), has $2.41 billion in AUM and the second largest, the iShares BM&FBOVESPA Small Cap (SMAL11), has $1.19 billion in AUM. For reference, the largest U.S. ETF, the SPDR S&P 500, has roughly $430 billion in AUM.
Source: https://www.coindesk.com/markets/2023/11/27/spot-bitcoin-etfs-have-almost-100m-in-aum-in-brazil-led-by-hashdex-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines