New Crypto ETF in Bermuda May Help Institutional Inflow

With resistance from US financial regulators still remaining, a Brazilian company has received approval to list a crypto-focused exchange traded fund (ETF) on the Bermuda Stock Exchange. And according to the man behind the ETF, increased institutional interest in crypto may follow the listing later this year. The exchange said that it is the Brazilian asset management firm Hashdex that proposed and received approval to list the new ETF in Bermuda, where it will trade under the name Hashdex Nasdaq Crypto Ind