Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) application.According to a Thursday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of Fidelity’s Wise Origin Bitcoin (BTC) Trust. The
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Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a recent interview with the Boston Globe, Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets, said institutional interest
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Fidelity Investments CEO Abby Johnson says the mutual fund giant’s custody business around bitcoin has been “incredibly successful” and has a “tremendous pipeline.” In an interview with Barron’s, Johnson noted that developments in the sector are moving so rapidly it’s hard to keep track of them all and said that
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The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations. Source
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Clear, the provider of a settlement system that uses blockchain to facilitate cross-border B2B trading, has finalized a $13 million Series A investment round. The Singapore-based startup said Wednesday the round had been led by Fidelity's investment arm, Eight Roads (formerly Fidelity Ventures). The venture subsidiaries of telecommunications companies Telefonica,
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