FINMA: Approves First Swiss Spot Bitcoin ETF
Switzerland's financial regulator FINMA has approved the country's first spot Bitcoin ETF for retail investors, according to a report from Bull Theory on October 20, 2026.
SourceAnalysis
FINMA approved Switzerland's first spot Bitcoin ETF for retail investors.
Bitcoin trades at $81582.26 beneath the EMA50 at $82190.25 and EMA200 at $82038.69, locking in the bearish trend structure. The MACD death cross at -97.1 reinforces downside pressure while RSI at 46.07 holds neutral. Price remains inside the Bollinger bands with upper resistance at $82689.06 and lower support at $80905.77, suggesting any near-term bounce may stall at the upper band before testing EMA levels.
Bull Theory
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