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FINMA approves Switzerland's first retail Bitcoin ETF for everyday investors

Switzerland's FINMA approved the country's first retail Bitcoin ETF on October 20, 2026. The fund holds Bitcoin directly and is open to everyday investors.

  • The approved fund invests directly in Bitcoin and is designed for retail investors.
  • FINMA exempted the fund from standard risk-diversification rules.
  • The regulator cited Bitcoin's long trading history and high trading volume as reasons for the exemption.
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