Asset management firm Fidelity is seeking approval once more for its Wise Origin Bitcoin Trust spot Bitcoin ETF, according to a filing by Cboe Global Markets with the US Securities and Exchange Commission (SEC). Fidelity joins a lineup of leading asset managers including BlackRock, WisdomTree, Invesco, and VanEck, which has already submitted paperwork for spot Bitcoin ETFs on multiple platforms. These traditional finance giants’ actions pushed Bitcoin to a one year high above $31,000 on 23 June. Optimism is growing for applying for spot Bitcoin ETF, fuelled by the approval of a Bitcoin futures ETF in October 2021.
Source: https://www.reuters.com
