An investigation into the possibility of establishing bitcoin exchange-traded funds (ETFs) is now being conducted by Taiwan’s Financial Supervisory Commission (FSC), which is in the exploratory phase. The use of digital assets inside regulated financial markets is becoming more popular throughout the world, and this move is in line with that trend.
In other areas, like as the United States, Canada, and Australia, where such products are already trading on local exchanges, the Financial Stability Commission (FSC) is keeping an eye on the growth of cryptocurrency exchange-traded funds (ETFs). The Financial Stability Council (FSC) has acknowledged the severe volatility that is inherent with cryptocurrencies, which is the catalyst for this cautious approach. Before taking into consideration any kind of regulation relaxation, the commission intends to finish doing extensive study and analysis on international cryptocurrency futures…
