#SwitzerlandFirstSpotBitcoinETFExpectedToTradeInNovember
₿ Switzerland’s first spot ETF to directly hold Bitcoin, BBIT, is expected to begin trading on SIX Swiss Exchange in November. The exact launch date has not yet been announced.
🛒 The ETF will allow investors to invest in the fund through a broker without buying and storing Bitcoin themselves. The fund will directly hold Bitcoin and received a special exemption from the regulator to invest all its assets in Bitcoin.
🌍 Foreign banks and brokers can access the fund; however, whether they can sell it to their clients depends on the rules in their own countries. This approval does not eliminate the risk of Bitcoin price fluctuations. ⚠️
$EVAA $AIN $ON
₿ Switzerland’s first spot ETF to directly hold Bitcoin, BBIT, is expected to begin trading on SIX Swiss Exchange in November. The exact launch date has not yet been announced.
🛒 The ETF will allow investors to invest in the fund through a broker without buying and storing Bitcoin themselves. The fund will directly hold Bitcoin and received a special exemption from the regulator to invest all its assets in Bitcoin.
🌍 Foreign banks and brokers can access the fund; however, whether they can sell it to their clients depends on the rules in their own countries. This approval does not eliminate the risk of Bitcoin price fluctuations. ⚠️
$EVAA $AIN $ON
