FINMA approves Switzerland’s first retail Bitcoin ETF
Briefing by News4U · First published
Swiss regulator FINMA approved the country’s first Bitcoin ETF for retail investors, citing growing demand and multiple pending applications.
Cointelegraph reported that the Swiss Financial Market Supervisory Authority (FINMA) approved Switzerland’s first Bitcoin exchange-traded fund that invests directly in Bitcoin and is accessible to retail investors. [1]
The regulator cited a growing appetite for cryptocurrency investments and noted that multiple fund providers have submitted Bitcoin ETF applications, but did not name any issuer or set a launch date. [1]
Sources
- FINMA approves Switzerland’s first Bitcoin ETF for retail investors
Cointelegraph · · Full text