Switzerland approves first spot Bitcoin ETF for retail investors
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FINMA approves Switzerland’s first Bitcoin ETF for retail investors
The Swiss regulator cited a growing appetite for cryptocurrency investments and said that multiple fund providers have submitted Bitcoin ETF applications.
Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
FINMA waived the diversification rules for the fund but leaned hard on custody and investor-protection safeguards.
Bitcoin ETFs Suffer Worst Loss Since June as Uptober Turns Red
Investors yanked $484.9 million out of spot Bitcoin ETFs in a single day. Oil is near $100, bond yields are at their highest since 2002, and the Fed isn't done hiking.
'Uptober' Starts Green as Bitcoin ETFs Draw $134 Million
Spot Bitcoin ETFs took in $134.4 million over the first two trading days of October, rebounding from a Sept. 30 outflow as a weak jobs report cooled Fed rate-hike bets.
Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
Spot Bitcoin ETFs have drawn about $1.07 billion over three sessions, pushing October flows to a gain of roughly $460 million, even as Bitcoin and Ethereum prices slipped.
Bitcoin ETF buyers are trend followers, not setters, DWF Labs says
DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips.