Argentina's CNV Approves Foreign Bitcoin and Ethereum ETFs, Including BlackRock's Spot Bitcoin ETF on December 10, 2024

Dec 10, 2024, 11:47 AM

Argentina's securities regulator, the Comisión Nacional de Valores (CNV), has officially approved the introduction of foreign exchange-traded funds (ETFs), specifically Bitcoin and Ethereum ETFs, to its stock market. This approval allows Argentine investors to access these crypto-related investment vehicles through Argentine deposit certificates. Notably, the approval includes access to BlackRock's spot Bitcoin ETF, marking a significant step in the country's crypto landscape. Argentina joins a growing list of countries that have either live or approved crypto ETFs, including the United States, Canada, Hong Kong, Australia, the United Kingdom, and Germany.