<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMTIvNWRjNjJhYzQtMTRkMC00N2UyLTkzYzktY2I4ZGQzY2M0MDIzLmpwZw==.jpg"></p><p>The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.</p>