Digital asset platform BIT's wholly-owned Swiss asset management subsidiary, BIT Asset Management AG, announced that it has officially received approval from the Swiss Financial Market Supervisory Authority (FINMA) to launch Switzerland's first spot Bitcoin ETF (Bitcoin Fund ETF, ticker: BBIT), which is open to both retail and institutional investors. The fund is expected to be listed on the SIX Swiss Exchange in November, allowing investors to trade directly through regular bank securities accounts and gain exposure to spot Bitcoin. https://www.(wublock123.com)/news/news-70437