On Friday (March 19), when the U.S. market opened, the price of bitcoin once hit $59000, and it has been difficult to break through since. Investors continued to focus on the potential impact of Treasury yields, which some analysts warned could lead to a correction in risky assets such as bitcoin and stocks.

When it comes to ETFs, Brazil is the second country in the Americas to approve bitcoin ETFs after Canada launched three bitcoin ETFs this year. Brazil's securities and Exchange Commission (CVM) approved QR capital's bitcoin ETF, which will be traded on the B3 exchange in Sao Paulo. QR capital tweeted on Friday that the stock code of the fund is qbtc11. "Qbtc11 will use the Chicago Mercantile Exchange's (CME) bitcoin futures contract index as a reference," QR said The ETF will be available in June.

(2021-3-20)