Fidelity files for Bitcoin ETF

posted 10 months ago
In a filing with the US Securities and Exchange Commission (SEC), asset management firm Fidelity indicated their intention to create a Bitcoin exchange-traded fund (ETF).

If approved, Fidelity's Wise Origin Bitcoin ETF will utilise Fidelity’s in-house BTC price index alongside the firm’s Digital Assets arm. Fidelity stated that its “objective is to seek to track the performance of Bitcoin, as measured by the performance of the Fidelity Bitcoin Index PR.”
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