Fidelity joins the race for Ethereum ETF approval
Asset management giant, Fidelity, has submitted an application to the United States Securities and Exchange Commission (SEC) for an Ethereum exchange-traded fund (ETF). Fidelity, which manages $4.5 trillion in assets, made this move just days after BlackRock filed its application for the iShares Ethereum Trust. The filing was made on November 17, 2023. The proposed […]
SEC extends Bitcoin ETF deadlines for BlackRock, Fidelity
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision-making process for seven Bitcoin exchange-traded fund (ETF) proposals, which include applications from prominent firms like BlackRock, Fidelity, VanEck, and WisdomTree. The SEC extended the deadlines for these proposals to October 17, with some exceptions. The regulatory body cited the need for […]