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Spot Bitcoin
Two bipartisan representatives from the House Financial Services Committee jointly penned a letter to SEC Chair Gary Gensler, advocating for prompt action on ETFs.
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Fidelity Investments, a prominent financial services giant with a vast customer base and approximately $4.2 Trillion in assets under administration, has entered the competition to launch the inaugural US exchange-traded fund focused on Bitcoin.
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Fidelity Investments, an asset manager managing assets worth over $4.2 Trillion, reportedly made preparations to file for the launch of its own Bitcoin ETF based on spot trading.
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According to multiple reports, including CoinDesk’s, Deutsche Bank has applied for a digital asset licence. In February 2021, the banking behemoth unveiled its intentions to enter the realm of cryptocurrency custody.
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