Fidelity spot bitcoin ETF application refiled with US SEC

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:Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets with the U.S. Securities and Exchange Commission.Fidelity is one of several big asset managers that have appl

:Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets with the U.S. Securities and Exchange Commission.

The spate of filings from the so-called"traditional finance" heavyweights has breathed some life into an ailing crypto industry, with bitcoin hitting a one-year high over $31,000 on June 23. A regulatory crackdown has also weighed on the crypto sector. Binance and Coinbase Global, two of the biggest crypto exchanges, were sued this month by the SEC for allegedly violating its rules, which the pair deny.

 

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