Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada
One of America's most prominent names in investing decided not to wait around for the SEC to start approving Bitcoin spot-based ETFs and took its product North.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
Despite approving a number of Bitcoin futures application last month, the SEC has rejected VanEck’s latest application for a Bitcoin spot ETF.
Since its launch on October 19, Bitcoin ETF has been a popular choice among investors, emerging to the top 2% in terms of the total trading volume.
US lawmakers ask why the SEC have approved two futures-based Bitcoin ETFs but still refuses to approve a spot-based ETF,
Two days after Valkyrie Investments filed to offer a 1.25x leveraged Bitcoin futures ETF, the US regulator signaled that it intends to approve only unleveraged funds tied to Bitcoin.
Strategists at JPMorgan have deemed inflation as the main driver that induced Bitcoin prices to shoot up to a staggering $67,000 instead of Bitcoin Futures ETFs.
Could BITO’s unprecedented popularity prompt the Securities and Exchange Commission (SEC) to speed up the approval of funds that hold Bitcoin directly?