FinTech
Wealth and Asset Management
BIT Secures FINMA Approval for Switzerland’s First Spot Bitcoin ETF
BIT Asset Management, the Zurich-based arm of crypto firm BIT, has received approval from Swiss regulator FINMA for its Bitcoin Fund ETF (BBIT). It is the first exchange-traded fund in Switzerland to invest directly in bitcoin. The company expects trading on SIX Swiss Exchange to begin in November. FINMA announced…
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