# Pyth Amplifies $218 Million Turnover Claim Tied to BlackRock’s Brazil ETF By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/41948 Published: 2026-10-27T18:56:09.000Z Updated: 2026-10-27T18:56:09.000Z Section: Investing > The figure describes derivatives trading activity, not purchases of ETF shares or new money entering the fund. Pyth Network amplified a $218 million turnover figure for perpetual futures tied to BlackRock’s Brazil ETF (EWZ); the derivatives-market figure does not measure purchases of the fund’s shares. Turnover measures trading activity in derivatives contracts. It does not show that $218 million flowed into EWZ or how many shares of the fund traders bought. The same distinction applies across [real-world-asset perpetual futures](), where trading volume does not mean participants bought the underlying stocks or commodities. ## Links in this article - [real-world-asset perpetual futures](https://www.tokenpost.com/news/investing/23485)