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Ethereum World News 2023-06-27 17:01:32

Fidelity Jumps Into Bitcoin Spot ETF Race After BlackRock Filing

Summary: Fidelity could submit a Bitcoin (BTC) spot ETF application as early as Tuesday, The Block reported citing a source. A flurry of BTC ETF applications came from companies like Widomtree and Invesco after BlackRock’s filed on June 15. Bitcoin broke above $30,000 for the first time since April shortly after BlackRock’s filing with the U.S. Securities and Exchange Commission. Asset management heavyweight Fidelity is reportedly working on filing a Bitcoin spot ETF application with the U.S. Securities and Exchange

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