Fidelity Prepares for Spot Bitcoin ETF - Coinleaks
Current Date:November 7, 2024

Fidelity Prepares for Spot Bitcoin ETF

10 trillion dollarsmanaging multiple assets fidelity, spot Bitcoin ETFgetting ready to apply.

The Block is a new ETF He warmed the news with the news. According to The Block’s news, which is based on its sources, it manages more than 10 trillion dollars in assets. fidelity, spot Bitcoin ETFin preparation for the application.

Previously BlackRock’s spotlight Bitcoin ETF application was on the agenda. The crypto market started its bull run with the news of BlackRock.

Biggest Fidelity Prepares for Bitcoin ETF

Top-ranked asset management company fidelity, spot bitcoin ETFpreparing to apply.

The BlockOne of the world’s largest asset managers, with more than $10 trillion in assets under management. fidelity, BlackRockIt is included in the stream started by .

This new move of Fidelity will be made for the second time. fidelity, before, Wise Origin Bitcoin Trusta named spot bitcoin ETF had applied. However, SECrejected this application. Fidelity after 2021, twice Getting ready to knock on Bitcoin’s door.

If BlackRock and Fidelity’s ETF applications are approved, institutions that manage more than $20 trillion in assets will start trading Bitcoin. Bitcoin has not yet reached 1 trillion dollars in the current market condition