Fidelity Investments to file Spot Bitcoin ETF days after BlackRock

Fidelity Investments to file Spot Bitcoin ETF days after BlackRock
фото показано с : invezz.com

2023-6-19 16:00

Fidelity Investments, the world’s third-largest asset management firm, is reportedly preparing to file a spot Bitcoin ETF. The investment giant’s reported move comes just days after the world’s largest asset management firm with over $9 trillion in assets under management, BlackRock (NYSE: BLK), submitted an application to the US Securities and Exchange Commission (SEC).

The US regulator has yet to approve a spot Bitcoin ETF, and last week’s move by BlackRock saw massive speculation as to whether the agency would now approve the first such product for the US market. Optimism across the markets saw the price of Bitcoin rise from under $25k and currently hovers above $26k.

Fidelity Investments said to be eyeing spot Bitcoin ETF

While Fidelity Investments, which also operates the Fidelity Digital Assets platform, has not publicly revealed any news of an imminent spot Bitcoin ETF, the rumours have been widely shared across CT.

According to crypto enthusiast and market expert Andrew Parish, Fidelity Investments is poised for a “seimic” move in crypto. Parish noted that the investment firm’s latest incursion in crypto will involve both Bitcoin (BTC) and Ethereum (ETH). The spot Bitcoin ETF could also involve Fidelity acquiring Grayscale Investments, Parish quoted sources.

Grayscale is a leading digital assets investment firm that sued SEC for rejecting its own spot Bitcoin ETF in 2022.

UPDATE: @DigitalAssets and @Fidelity is about to make a seismic move in crypto via both $BTC and $ETH.

Sources expect Fidelity to either make a bid for @Grayscale or quickly launch their own spot #bitcoin ETF. One or both are coming, soon.

**Blackrock and Fidelity will own…

— Andrew (@AP_Abacus) June 18, 2023

Parish says it wouldn’t be surprising to see Fidelity begin to offer staking services. The company opened Ethereum trading to institutional investors in October last year and already offers Bitcoin ETFs in other markets.

Scott Melker, “The Wolf Of All Streets”, and Mario Nawfal, host of Twitter’s Largest Spaces, will talk about Fidelity’s potential involvement in spot Bitcoin ETF. The event is scheduled for 10:15 am ET on Monday.

Will Fidelity be the next major institution to file for a Bitcoin Spot ETF? Are they going to make a play to buy Grayscale and $GBTC?

And can SBF really go free?

10:15 AM EST today.#CryptoTownHall https://t.co/ieWhWHSGhp

— The Wolf Of All Streets (@scottmelker) June 19, 2023 Bitcoin price reaction?

The news of Fidelity’s potential filing for a spot Bitcoin ETF could provide yet another bullish catalyst for the crypto market.

As highlighted here, the industry’s reaction to the BlackRock news saw Bitcoin price stem a slide that had threatened to allow bears target psychological levels in the $20-$22k region.

The post Fidelity Investments to file Spot Bitcoin ETF days after BlackRock appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Decentralized Data Assets Management (DDAM) на Currencies.ru

$ 0.0037966 (+0.01%)
Объем 24H $89
Изменеия 24h: 2.32 %, 7d: -9.68 %
Cегодня L: $0.0037966 - H: $0.0037966
Капитализация $0 Rank 3404
Доступно / Всего 0 DDAM

management world firm fidelity blackrock asset investments

management world → Результатов: 126


BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdings

BlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing […] The post BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdings appeared first on CryptoSlate.

2023-6-16 00:50


OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through […] The post OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions appeared first on CoinJournal.

2023-6-6 11:36


Фото:

OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through […] The post OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions appeared first on CaptainAltcoin.

2023-6-6 11:36


OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through the OKX platform.

2023-6-6 15:00


Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management

Organized by the Frankfurt School Blockchain Center, the eighth Crypto Assets Conference (CAC) will take place from March 29 to March 30, 2023. As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable – the world […] Сообщение Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management появились сначала на Coinstelegram.

2023-3-29 23:38


Bridging the Gap: AllianceBlock and ARTBANX Partner To Bring Art-Backed Financing to Web3

Utrecht, Netherlands, 20th January, 2023, Chainwire Today, AllianceBlock, building seamless gateways between TradFi and DeFi through decentralized and trustless infrastructure, announces a strategic partnership with ARTBANX, the world’s most comprehensive, customizable and secure collection management system for collectors, art professionals and financial institutions.

2023-1-20 17:00


Фото:

Cathie Wood Sees Bitcoin and Ethereum Coming Out of the Current Market Crisis Stronger

Cathie Wood, CEO of US-based investment management firm Ark Invest sees public blockchains like Bitcoin and Ethereum coming out ahead after the ongoing market crisis subsides. In a letter dubbed “What The Market Overlooked in 2022”, sent to clients on Jan 12, Wood highlighted the breakthrough technologies that are already transforming the world, praising blockchain […]

2023-1-16 23:00


Дмитрий Медведев: CBDC вытеснят доллар и евро

Зампредседателя Совбеза РФ Дмитрий Медведев решил внести «скромный вклад» в собрание гипотез в преддверии 2023 года и представил свои прогнозы на грядущий год. 10. The Bretton Woods system of monetary management will collapse, leading to the IMF and World Bank crash.

2022-12-29 13:53


Фото:

FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says

FTX’s acquisition of creditors was a ploy to buy time and slow down a margin call, Ram Ahluwalia, the CEO of crypto-native investment advisor Lumida Wealth Management says. Sam Bankman-Fried’s FTX, Alameda and over 100 affiliate companies filed for bankruptcy last week, a development that shocked the crypto world and helped train the regulatory flood […] The post FTX tried to ‘buy time’ with Voyager and BlockFi bids, Lumida CEO says appeared first on Invezz.

2022-11-15 22:42


Фото:

Exclusible and Criptonite team up for world’s first digital real estate meta-fund

Luxury NFTs platform Exclusible and Swiss wealth management firm Criptonite have teamed up to announce a major investment fund in the digital real estate space. The Criptonite Metaverse Real Estate AMC (Actively Managed Certificate) is the first such fund in the world, and comes after the two firms penned an exclusive partnership announced on Monday.

2022-4-5 22:04


SolChicks IDO Breaking Cryptocurrency World Records

SolChicks is the fastest growing and largest P2E in the Solana ecosystem, with a team of over 70 members, including a blue-chip game development team who have previously brought to market titles such as MapleStory, PUBG, Dungeon Fighter, and Tera, and a business management team from institutions such as Wharton and McKinsey & Company The post SolChicks IDO Breaking Cryptocurrency World Records appeared first on BeInCrypto.

2021-11-29 09:48