Tags : Fidelity

Regulation

$5 trillion asset manager Fidelity applies for Bitcoin ETF

FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). “The digital assets ecosystem has grown significantly in recent years, creating an even more robust marketplace for investors and […]Read More

Bitcoin

Fidelity Files for Bitcoin ETF as Institutional Demand Dries Up

In a filing with the U.S. Securities and Exchange Commission (SEC), asset management firm Fidelity indicated their intention to create a Bitcoin exchange-traded fund (ETF). The Wise Origin Bitcoin ETF is the latest addition to the growing number of ETFs looking to launch crypto-based financial products in the United States.  If approved, the ETF will […]Read More