CryptoCointelegraphabout 1 hour ago
Switzerland Approves First Spot Bitcoin ETF
1 min read
Switzerland's financial regulator FINMA approved BIT Asset Management's Bitcoin Fund ETF for retail investors on Thursday. The fund, BBIT, is expected to begin trading on the SIX Swiss Exchange in November and holds Bitcoin directly. It is restricted to Switzerland and classified as a high-risk collective investment scheme due to Bitcoin's volatility.
Level
Hype check
Tap to vote and see what everyone thinks.
