Fidelity To Launch Spot Bitcoin ETF In Canada, As Pressures Mount On Regulators For U.S. Approval

Fidelity Buys 7.4% Stake In Bitcoin Miner Marathon

Pressure is mounting for SEC approval of Bitcoin Spot ETF in the U.S. following a new pending spot ETF approval in Canada spearheaded by none other than Fidelity Investments.

Fidelity’s Bitcoin Spot ETF product listing is titled “Fidelity Advantage Bitcoin” and pending approval to launch in Canada this week. According to Eric Balchunas, Bloomberg senior ETF analyst, the launch of Fidelity’s listing would immediately make them the largest asset manager offering a Bitcoin ETF.

Source link

Leave a Comment

Your email address will not be published. Required fields are marked *