Taiwan's FSC Opens Access to Cryptocurrency ETFs for Professionals

user avatar

by Giorgi Kostiuk

2 years ago

Taiwan’s Financial Supervisory Commission (FSC) has taken a landmark decision, allowing professional investors to gain exposure to cryptocurrency exchange-traded funds (ETFs), including Bitcoin ETFs.

Professional Investors Only

According to the FSC rule, to mitigate the risk associated with the products, initially, only professional investors, such as institutional entities, high-net-worth individuals, and legal entities with substantial assets and investment experience, will have access to these ETFs. However, retail investors in Taiwan will have to wait a little more as they are not yet allowed to participate. The FSC in their press release clarified that securities firms must secure board approval before facilitating Bitcoin ETF investments for clients. In addition, non-institutional clients will need to sign a risk warning before making their first crypto ETF purchase.

Good for Crypto Adoption?

This development follows months of global demand for Bitcoin ETFs, particularly after the U.S. market saw inflows of over $1 billion into Bitcoin ETFs last week. Taiwan’s decision mirrors the cautious yet forward-looking approach taken by other markets like Hong Kong and Australia, which have launched Bitcoin ETFs in a bid to offer regulated crypto investment opportunities. The FSC also announced that it has started consultations with the Securities Business Association of the Republic of China to assess the risks associated with foreign crypto ETFs.

Growing Demand for Bitcoin ETFs

The global craze for Bitcoin ETFs is rising, with strong interest in the U.S., Hong Kong, and Australia, even as Chinese investors continue to turn to Bitcoin amid economic challenges. Former Chinese Finance Minister Lou Jiwei recently urged caution regarding crypto’s potential impact on financial stability during the 2024 Tsinghua Wudaokou Chief Economists Forum. Taiwan’s Financial Supervisory Commission (FSC) has acknowledged cryptocurrency’s growing importance by allowing professional investors to access Bitcoin ETFs while ensuring strict oversight and monitoring of the market.

This is a crucial step by Taiwan to enhance crypto trading in the country while keeping investors in mind.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Luxor Technology Secures $16 Million to Venture into AI Computing

Luxor Technology has secured $16 million to enter the AI computing market, marking a shift from its Bitcoin mining roots.

user avatarLuis Flores

Microsoft Research Introduces Magnetar for Enhanced Program Execution Proofs

Microsoft Research announces the launch of its Magnetar system, which significantly speeds up proofs of ordinary program execution using standard hash-based cryptography.

user avatarArif Mukhtar

Standard Chartered Launches Institutional Custody for Ripple USD

Standard Chartered has launched institutional custody for Ripple USD through its DIFC branch, regulated by the Dubai Financial Services Authority.

user avatarMaria Gutierrez

Samsung Wallet to Launch USDC Remittance Feature

Samsung Wallet will introduce a cross-border USDC remittance feature for eligible US Galaxy users, starting in the final week of October 2026.

user avatarDavid Robinson

Circle and Tereina Collaborate to Enhance Payment Systems with Stablecoins

Circle and SAP-backed Tereina have announced a partnership to integrate USDC and EURC payments into Tereina's enterprise payment infrastructure, starting with SAP Cloud ERP.

user avatarAndrew Smith

FCA Opens Crypto Authorisation Gateway for Firms

The Financial Conduct Authority (FCA) has opened its authorisation gateway for crypto businesses, starting the application period for compliance with new regulations effective October 25, 2027.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.