Fidelity Joins the Queue for Spot Bitcoin ETF

Another Bitcoin ETF application hit the headlines in recent weeks. Following BlackRock, another company mentioned, Fidelity, announced a few minutes ago that it has applied for a Spot Bitcoin ETF and shared this with the public. It was seen that the application documents of 193 pages were also added to the shared statement. Bitcoin ETF Move Came According to an application made on Thursday, asset management giant Fidelity Investments is trying to launch a spot bitcoin ETF again. This move came two weeks after BlackRock applied for a long-opposed spot bitcoin ETF by the Securities and Exchange Commission (SEC). Other firms seem to have taken BlackRock’s application as a sign that the SEC’s attitude may soon change. Since then, WisdomTree, VanEck, and Invesco have taken the first steps for their own funds. Cathie Wood’s Ark Invest applied for changes that brought the Bitcoin fund it proposed on Wednesday closer to […] The post Fidelity Joins the Queue for Spot Bitcoin ETF appeared first on COINTURK NEWS.