Historic Approval for Bitcoin from Switzerland: The First Real Spot ETF is Coming in November! Here Are the Details

Switzerland's first spot ETF to directly hold Bitcoin is set to launch on the SIX Swiss Exchange in November, with access also available to foreign banks and brokerage firms. Switzerland’s first spot exchange-traded fund (ETF) to invest directly in Bitcoin is expected to begin trading on the SIX Swiss Exchange in November. The exact launch date for the Bitcoin Fund ETF, which will use the codename BBIT, has not yet been announced. The fund received approval from the Swiss Financial Market Supervisory Authority on October 20th.

Source: Bitcoin Sistemi