1、Crypto Landscape inLatinAmerica2024R E P O R T2ContentMilestonesFindingsAbout Bitso and the ReportCrypto in Latin AmericaPortfolio compositionCountries at a glanceFinal remarksCrypto glossary0102030405060708Crypto Landscape in Latin America 2024 Report01Crypto Landscape in Latin America 2024 Report3

2、MilestonesETFsApproval of Bitcoin ETFs:The U.S.Securities and Exchange Commission(SEC)approved multiple Bitcoin exchange-traded funds(ETFs),allowing direct exposure to Bitcoin in U.S.stock markets.This regulatory milestone increased institutional participation and contributed to its appreciation.The

3、se ETFs raised$10 billion in the first three days of trading,breaking the record set by gold,which took nearly three years to reach that amount.Approval of Ether ETFs:In May 2024,the SEC allowed the listing and trading of Ether ETFs,and by July,trading of these ETFs officially began on major exchang

4、es such as Nasdaq and NYSE.On the first day of trading,these ETFs saw over$1 billion in exchanges.This further confirmed the investment appetite and institutional interest in the crypto market as an alternative investment opportunity.HalvingThe Bitcoin halving took place in the second quarter of 202

5、4,reducing the mining reward by half,from 6.25 BTC to 3.125 BTC.This event is a milestone for Bitcoins monetary policy,helping to balance supply and demand over time.The event has a major impact on Bitcoins“tokenomics,”as it decreases the daily supply of newly mined BTC entering the market from appr

6、oximately 900 to 450 BTC.This reduction in supply occurs while demand continues to rise due to the continuous entry of individual users.Crypto Landscape in Latin America 2024 Report4Here is a timeline of the mostrelevant events and their globalimpact:Marked by significant milestones that influenced