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Home blog

Fidelity Submits Updated BTC ETF Prospectus to SEC!

Mustafa Mulla by Mustafa Mulla
October 18, 2023
in blog
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Coinbase CEO Speculates on Potential Change of SEC Chairman in 2024!

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Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 18, 2023 8:43

Fidelity has submitted an updated version of its Bitcoin spot ETF prospectus to the Securities and Exchange Commission (SEC). The prospectus includes details of custody arrangements, valuation and pricing sources, GAAP compliance, risk disclosures surrounding regulatory uncertainty, mining energy consumption properties, and more. The proposal is a step closer to launching a Bitcoin ETF, which would allow investors to invest in Bitcoin through the traditional financial markets.




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Is the Bitcoin ETF just a first step? Franklin Templeton CEO predicts tokenization

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