Official Approval for ETFs Including Bitcoin (BTC) and Ethereum from Argentina!

With the election of President Javier Milei, Argentina, which has become Bitcoin (BTC) and crypto-friendly, has set another precedent for itself.

According to this, the Argentine securities regulator CNV has officially allowed some foreign investment products related to certain crypto ETFs to enter the domestic market.

Argentine securities regulator CNV has approved the use of foreign investment funds for multiple cryptocurrency ETF opportunities, including Bitcoin (BTC), Ethereum (ETH), gold, and Chinese stock market indices.

With this approval, Argentine citizens will be able to invest in foreign products including Bitcoin and Ethereum ETFs, gold, and Chinese stocks from now on.

Roberto Silva, the Chairman of the Argentine Securities Regulatory Authority, described this approval as a historic development for the country.

"Through these initiatives, we are elevating Argentina to the standards of the most advanced international markets. Argentinians will now be able to invest in digital assets such as Bitcoin and Ethereum through traditional brokerage firms. In the past, this was only available in the US."