Swiss regulator FINMA approved the first retail exchange-traded fund under Swiss law that invests directly in Bitcoin. The approval includes a diversification exemption, allowing the fund to concentrate on Bitcoin, while custody, bankruptcy and sales…
US spot Bitcoin ETFs took in $526.7 million on Oct. 19, reversing the prior week’s outflows. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for most of the day’s demand, while spot Ethereum ETFs continued to shed…
The SEC approved exchange-listing rules on October 2 for proposed 3x Bitcoin and Ethereum funds from VS Trust, bringing them closer to trading. These funds reset daily, so an investor who correctly predicts Bitcoin’s long-term…
