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TechFlow reports, on October 18, a public regulatory filing showed that Fidelity has submitted an updated prospectus for its spot Bitcoin ETF, the "Wise Origin Bitcoin Trust," to the SEC. The filing includes details on custody arrangements, mechanisms related to hard forks, valuation and pricing sources, GAAP compliance, risk disclosures surrounding regulatory uncertainty, and mentions the energy-intensive nature of mining.
On October 18, a public regulatory filing showed that Fidelity has submitted an updated prospectus for its spot Bitcoin ETF, the "Wise Origin Bitcoin Trust," to the SEC. The update includes details on custody arrangements, mechanisms related to hard forks, valuation and pricing sources, GAAP compliance, risk disclosures surrounding regulatory uncertainties, and references to the energy-intensive nature of mining.
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