Crypto

FINMA approves Switzerland’s first Bitcoin ETF for retail investors

Summary

Switzerland has approved the country’s first Bitcoin exchange-traded fund for retail investors. The financial regulator pointed to increasing demand for digital assets and noted that several other providers have also applied to launch similar funds.

The Swiss regulator cited a growing appetite for cryptocurrency investments and said that multiple fund providers have submitted Bitcoin ETF applications.

Source: Read the full story at Cointelegraph.com News

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