Regulation· ★★★★· bullish·

FINMA approves Switzerland's first retail Bitcoin fund

  • —FINMA approved Switzerland's first publicly offered fund with direct BTC exposure
  • —The fund is open to retail investors, ending the professional-only limit
  • —It is the first publicly offered Bitcoin fund in the country
Why it matters: It widens retail access to Bitcoin in Switzerland and could set a precedent for other European regulators.
Source: Coinotag