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StableCryptoFinanceMarketsReported 2026-10-23 12:14

BIT Asset Management Receives FINMA Approval for Switzerland's First and Europe's Only Spot Bitcoin ETF

BIT Asset Management AG received approval from FINMA to launch the Bitcoin Fund ETF (BBIT), the first spot bitcoin ETF in Switzerland and Europe, allowing retail investors to directly invest in bitcoin.

Why it matters. Retail investors in Switzerland now have access to a regulated, direct bitcoin investment option, potentially increasing mainstream adoption of cryptocurrencies.

01

Who and what it touches

BITpart ofCrypto Finance (Asset…acquiresFINMAregulated byZürichlocated inBITpart ofBIT Asset Manag…

From BIT Asset Management AG

Each line is a relation with evidence behind it, drawn in the direction it points. A line shows that two things are connected, not how far this change reaches.

02

Evidence

  • PPR Newswire news releasesCompany2026-10-23 12:14
    BIT, opgericht in 2019 als Matrixport
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  • PPR Newswire news releasesCompany2026-10-22 14:50
    BIT Asset Management AG ("BIT AM"), the wholly owned Swiss asset management subsidiary of BIT (www.bit.com)
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  • PPR Newswire news releasesCompany2026-10-22 22:41
    dont le siège social est situé à Singapour
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  • PPR Newswire news releasesCompany2026-10-22 14:25
    It is currently Europe's only spot bitcoin ETF.
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