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Brazil’s BTG Pactual launches new fund with ETH exposure

BTG Pactual has launched a new multimarket fund with exposure to ether (ETH), the Brazilian investment bank announced today.  The fund, called BTG Pactual Reference Ethereum 20, has 20% exposure to ETH, the native cryptocurrency of the Ethereum network, and 80% to fixed income. It requires a minimum investment of 100 Brazilian reais ($17.74) and a 0.5% annual administration fee.  BTG Pactual Reference Ethereum 20 joins two other bitcoin-focused funds the bank launched earlier this year—BTG Pactual Reference Bitcoin 20 …