In this video, we bring you breaking news that Wall Street titan Fidelity is expected to submit its own filing for a spot Bitcoin exchange-traded fund (ETF), joining the recent ETF race initiated by BlackRock. Fidelity, a renowned asset management giant, is set to join a list of issuers eager to be at the forefront of this groundbreaking product.
According to a reliable source, Fidelity could submit its filing as early as Tuesday, following in the footsteps of BlackRock. This marks Fidelity’s second attempt at launching a Bitcoin ETF, as its previous filing for the Wise Origin Bitcoin Trust was denied by the U.S. Securities and Exchange Commission in 2022.
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19 Comments
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Best to diversify away from fractional reserve banking system into crypto such as Bitcoin Eth or Łitecoin to spread risk as well as secure your assets 🕺
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We can use some new money in here
So.. is there any purposed or usecase for specific crypto yet? maybe XRP is already using for bridge currency or what?
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Imagine when Vanguard, Charles Schwab, Etrade, Ameritrade, Fidelity, BlackRock, Chase, Bank of America, Frost Bank. City Bank. Etc etc etc all get into the bitcoin universe.
Blah blah blah just repeating what everyone else is saying on utube.
How DUMB USA regulations, other countries grow, governments takes profits! While USA LOOSING MONEY,!!
Fidelity is huge news for sure, thanks for the video.
So I doubt all those heavy hitters like Fidelity will shift all their spending power to bitcoin HOWEVER, them shifting just a small fraction of that spending power will increase the bitcoin market cap by a couple of multiples at least.
Do we want black rock in btc. Sounds bad
Look at this in a bigger picture. Black Rock is going to own Ukraine very shortly. It's going to be the first country to fold under this new world order. Black Rock is evil
In difficult times, you should only make money on niches that grow in a crisis! PapayaHub you are Welcome!