Last week marked a significant milestone for the Chilean financial landscape as the **Ishares Bitcoin Trust (IBIT)** made its debut on the **Santiago Stock Exchange**, Chile’s premier financial marketplace. This **spot bitcoin exchange-traded fund (ETF)**, which garnered approval from the U.S. Securities and Exchange Commission (SEC) earlier this year, opens the door for Chilean investors to seamlessly integrate a “readily accessible and streamlined digital asset into their investment mix, fortified by the robust risk management pedigree of our Ishares ETFs,” as stated by Silvia Fernandez, the country head of BlackRock Chile. Patricio Rojas, the general manager of the Santiago Stock Exchange, hailed this introduction as a “noteworthy leap forward in broadening the array of products our market offers.”
