Crypto
Switzerland opens bitcoin spot ETF to retail investors, tightens protection requirements
Swiss financial regulators have approved a bitcoin spot exchange-traded fund for retail investors for the first time, CoinPost reported. The Swiss Financial Market Supervisory Authority, FINMA, said it had approved the listing of a spot ETF that invests directly in bitcoin, though the fund name and manager were not disclosed. FINMA stressed the product remains high-risk and said it would strengthen investor protection, including clearer risk disclosure, conduct rules and stricter suitability assessments.
