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Switzerland Approves Its First Bitcoin ETF

Original: Swiss Financial Regulator Gives Green Light to Country’s First Bitcoin ETF

Switzerland's financial regulator has approved the country's first Bitcoin exchange-traded fund, allowing investors to gain exposure to the cryptocurrency through a regulated stock-market product. The move adds Switzerland to a growing list of jurisdictions offering spot or Bitcoin-linked ETFs and underlines the country's role as a hub for regulated crypto finance.

Why now: Approval of a first-of-its-kind Bitcoin ETF is a significant regulatory milestone for the crypto industry in a major financial centre.

SwitzerlandFINMABitcoin

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