Fidelity, VanEck and other moguls re-file bitcoin ETF applications
Several major investment firms have refiled their applications for spot bitcoin ETFs with the SEC, naming Coinbase as their exchange partner. Fidelity, WisdomTree, VanEck, and Invesco/Galaxy have all submitted applications. A spot bitcoin ETF would allow investors to get exposure to BTC without holding the token. ETFs allow investors to gain exposure to bitcoin, the world’s number one cryptocurrency, without holding the digital asset. MORE: Fidelity, WisdomTree, VanEck and Invesco/Galaxy have all re-filed their spot bitcoin ETF applications, naming Coinbase as the exchange. Nothing from BlackRock or ARK yet. pic.twitter.com/txkWXB0dBS — Eric Balchunas (@EricBalchunas) June 30, 2023 While ARK is yet to refile its application, BlackRock is putting preparations in top gear to file its bitcoin ETF. The re-filings from Fidelity, WisdomTree, VanEck, and Invesco/Galaxy demonstrate the determination of these finance giants toward establishing a Bitcoin ETF in the United States, des...