瑞士FINMA批准首只面向零售投资者的比特币ETF
Swiss Financial Regulator Gives Green Light to Country’s First Bitcoin ETF
瑞士首个面向零售的比特币ETF获批是加密市场准入的重要里程碑，直接影响零售资金通道与监管格局，建议关注后续产品落地细节。
Bitcoin Magazine
比特币杂志
Swiss Financial Regulator Gives Green Light to Country’s First Bitcoin ETF
瑞士金融监管机构批准该国首只比特币ETF
Swiss financial regulator FINMA has approved the country’s first bitcoin exchange-traded fund for retail investors.
瑞士金融监管局（FINMA）已批准面向零售投资者的该国首只比特币交易所交易基金。
The watchdog said Tuesday that the approval comes as people in Switzerland express a growing interest in crypto — particularly bitcoin.
该监管机构周二表示，此次批准正值瑞士民众对加密货币——尤其是比特币——的兴趣日益浓厚之际。
Bitcoin ETFs — particularly in the U.S. — have widened the scope of investors who can buy and sell the leading cryptocurrency. Via shares that trade on the stock exchange, investors can buy exposure to the biggest cryptocurrency in a safe and regulated way.
比特币ETF——尤其是在美国——扩大了可以买卖这一领先加密货币的投资者范围。通过在场内交易的份额，投资者可以以安全且受监管的方式投资最大的加密货币。
“As early as 2021, FINMA authorised a fund for qualified investors that invests primarily in a basket of cryptocurrencies,” the announcement read.
公告称：“早在2021年，FINMA就授权了一只主要投资于加密货币篮子的合格投资者基金。”
JUST IN: Switzerland's Financial Market Supervisory Authority has approved the country's first Bitcoin ETF pic.twitter.com/AOVLGqTa5H
突发：瑞士金融市场管理局已批准该国首只比特币ETF pic.twitter.com/AOVLGqTa5H
— Bitcoin Magazine (@BitcoinMagazine) October 20, 2026
—— 比特币杂志 (@BitcoinMagazine) 2026年10月20日
“As Bitcoin has a long trading history and a particularly high trading volume compared with other cryptocurrencies, FINMA has approved an exemption from the applicable risk diversification rules in this case.”
“鉴于比特币与其他加密货币相比拥有较长的交易历史和特别高的交易量，FINMA在此案中批准豁免适用的风险分散规则。”
It added: “At the same time, FINMA emphasises that investments in Bitcoin — even through an approved ETF — remain highly risky.”
它补充道：“同时，FINMA强调，即使通过批准的ETF进行比特币投资，仍然具有高度风险。”
The announcement did not reveal which asset manager or bank would debut the product. Switzerland already has crypto ETFs limited to institutional or qualified investors on the market.
公告未透露哪家资产管理公司或银行将推出该产品。瑞士市场上已有仅限机构或合格投资者参与的加密货币ETF。
In the U.S., bitcoin ETFs had the most successful debut in the history of investment vehicles when approved in 2024.
在美国，比特币ETF在2024年获得批准时，成为投资工具历史上最成功的首发产品。
Now, traders, institutions, and retail investors can quickly buy shares that track the price of the leading cryptocurrency and not worry about exchanges or storage of the digital coin.
现在，交易者、机构和零售投资者可以快速购买追踪该领先加密货币价格的份额，而无需担心交易所或数字硬币的存储问题。
The funds, managed by Wall Street giants like BlackRock, Fidelity, and Morgan Stanley, manage over $97 billion in assets, according to CoinGlass data.
根据CoinGlass数据，由贝莱德（BlackRock）、富达（Fidelity）和摩根士丹利（Morgan Stanley）等华尔街巨头管理的这些基金，管理资产超过970亿美元。
This post Swiss Financial Regulator Gives Green Light to Country’s First Bitcoin ETF first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
本文《瑞士金融监管机构批准该国首只比特币ETF》首发于比特币杂志，由Mathew Di Salvo撰写。
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力