QR Asset Management, a Brazilian investment firm, made history by launching Latin America's first Bitcoin exchange-traded fund (ETF), QBTC11, on the São Paulo-based B3 exchange in June 2021. This milestone provided investors with a regulated avenue to gain exposure to Bitcoin without the complexities of direct ownership. QR Asset Management's initiative marked a significant step in integrating Bitcoin into traditional financial markets, reflecting the growing acceptance and maturation of digital assets in the region.