Tag: fidelity bitcoin etf

Apr 29 2022

U.S. Labour Division Pokes At Fidelity’s Move To Include Bitcoin To 401(k) List

Fidelity recently revealed plans to become the first major retirement-savings provider to add Bitcoin to their 401(k) plans. The US Department of Labor (DOL) is however not enamored with the plan. DOL expresses grave concerns about Fidelity's plan The Wall Street Journal (WSJ) reports that the body which oversees employer retirement savings plans has said...

Jan 27 2022

Breaking: SEC Declines Fidelity’s Spot Bitcoin ETF

According to reports, the SEC has rejected Fidelity's spot settled Bitcoin ETF application. After postponing a decision on Fidelity's Wise Origin Bitcoin Trust which was filed in March last...

Dec 02 2021

Dec 01 2021

Breaking: $4 Trillion Asset Manager Launches Spot Bitcoin (BTC) ETF in Canada After US SEC Debacle

Fidelity Investments, one of the largest US asset managers with $4 trillion in AUM launched its first Bitcoin (BTC) spot ETF in Canada. The new spot ETF would be called Fidelity Advantage Bitcoin ETF and will be represented by the ticker symbol $FBTC. The fund will buy physical BTC from the market and issue shares against The post Breaking: $4 Trillion Asset Manager...

Nov 17 2021

Fidelity Approved As Canada’s First Crypto Custodian, Is A Bitcoin ETF Next?

Incoming reports from The Globe and Mail suggest that regulators may have just given the nod for Fidelity Canada to start functioning as the country’s first bitcoin custodian. Fidelity Investments Leverages High Investment Interest In Digital Assets The firm was reportedly approved by the Investment Industry Regulatory Organization of Canada (IIROC) in a bid to The post Fidelity Approved As Canada's First Crypto...

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