Switzerland’s First Retail Bitcoin ETF Gets Regulatory Green Light
Switzerland has approved its first retail spot bitcoin exchange-traded fund (ETF), opening a regulated investment vehicle previously unavailable to ordinary investors under Swiss fund law.
Switzerland has approved its first retail spot bitcoin exchange-traded fund (ETF), opening a regulated investment vehicle previously unavailable to ordinary investors under Swiss fund law. Announced on Tuesday, the decision includes an exemption from standard diversification requirements, allowing a public fund to concentrate directly on bitcoin. Regulators are simultaneously demanding stronger custody safeguards, investor disclosures, […]
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