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TechFlow news — asset management giant Fidelity Investments has officially filed an application for a spot Bitcoin ETF.
Earlier reports indicated that after BlackRock submitted its Bitcoin ETF application, market rumors suggested Fidelity would also file for a spot Bitcoin ETF. As early as 2021, Fidelity had submitted an application for a spot Bitcoin ETF called the Wise Origin Bitcoin Trust, which was rejected by the U.S. SEC in early 2022.
Fidelity Investments, a major asset management firm, has officially filed an application for a spot Bitcoin ETF. Earlier reports indicated that after BlackRock submitted its Bitcoin ETF application, there were market rumors suggesting Fidelity would also file for a spot Bitcoin ETF. As early as 2021, Fidelity had filed an application for a spot Bitcoin ETF named the Wise Origin Bitcoin Trust, which was rejected by the U.S. SEC in early 2022.
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