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Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers

Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers

FINMA elaborated on the rationale behind its approval of the fund and addressed the possibility of subsequent ETFs for ether and solana, alongside SIX Swiss Exchange confirming that international access is now available.

The Swiss Exchange has verified that the fund can be accessed by entities from outside Switzerland.

FINMA provided details regarding the reasons for granting approval for this specific fund.

Furthermore, the regulatory body clarified whether ETFs covering ether and solana might be approved in the future.

Earlier coverage

Reported by CoinDesk.