Swiss regulator FINMA approves country’s first spot bitcoin ETF for retail investors

Switzerland's financial regulator FINMA has approved the country's first spot bitcoin ETF available to retail investors, building on earlier crypto ETP listings and a fund previously limited to qualified investors. The approval expands retail access to bitcoin exposure in a major European financial center. Traders may view this as another sign of institutional and regulatory normalization for bitcoin in Europe, potentially supporting demand and sentiment.