Fidelity joins the rush for a bitcoin ETF, following BlackRock, Ark Invest and others

Asset management giant Fidelity Investments is again trying to launch a spot bitcoin ETF, according to a Thursday filing:

https://cdn.cboe.com/resources/regulation/rule_filings/pending/2023/SR-CboeBZX-2023-044.pdf
The move comes two weeks after BlackRock filed for spot bitcoin ETF, which has long been opposed by the Securities and Exchange Commission.
Other firms appear to have taken BlackRock’s filing as a sign that the SEC’s stance could soon change. Since then, WisdomTree, VanEck and Invesco have taken the initial steps toward their own funds.

The move comes two weeks after BlackRock filed for spot bitcoin ETF, which has long been opposed by the Securities and Exchange Commission.

Other firms appear to have taken BlackRock’s filing as a sign that the SEC’s stance could soon change. Since then, WisdomTree, VanEck and Invesco have taken the initial steps toward their own funds.

Full article: https://www.cnbc.com/2023/06/29/fidelity-joins-the-rush-for-a-bitcoin-etf-following-blackrock-ark-invest-and-others.html