Market share reports from Taiwan's Financial Supervisory Commission (FSC) and financial news outlets

Taiwan's FSC Opens Bitcoin ETF Market to Professional Investors Under Specific Regulations

Sep 30, 2024, 11:39 AM

Taiwan's Financial Supervisory Commission (FSC) has announced that professional investors can now invest in foreign virtual asset exchange-traded funds (ETFs), including Bitcoin ETFs, under specific regulations and oversight. The investment can be made through a re-entrustment method. This move aims to broaden investment opportunities for professional investors, which include professional institutional investors, high-net-worth investment institutions, and high-asset individuals. The decision is part of Taiwan's ongoing efforts to enhance its financial markets and provide more diversified investment options.