Finma of Switzerland approves first retail bitcoin ETF with diversification rule exemption

Switzerland's Financial Market Supervisory Authority (Finma) has approved the first exchange-traded retail fund that directly holds bitcoin, with an exemption from diversification rules. The decision opens the door for individual investors to access bitcoin through a regulated instrument.

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• The fund holds bitcoin directly and is the first retail exchange-traded fund of this type approved by the authority.Cryptopolitan
• The decision included an exemption from the usual diversification rules.

  «مع إعفاء من قواعد التنويع»

  Cryptopolitan
• The decision allows individual investors to access bitcoin through a regulated instrument.

  «ويفتح القرار الباب أمام المستثمرين الأفراد للوصول إلى البيتكوين عبر أداة منظمة.»

  Cryptopolitan

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