Fidelity

The Securities and Exchange Commission (SEC) has postponed the deadline for passing a judgment on the proposed spot Ethereum (CRYPTO: ETH) exchange-traded fund by BlackRock Inc (NYSE: BLK) to March 10. What Happened: The SEC extended the decision-making time frame for the proposed rule...

Cryptocurrency investors appear unhappy with the decision by Vanguard, a leading asset management firm, to block its clients from accessing the recently approved spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This move, following the U.S. SEC green light for these ETFs on...

The Securities and Exchange Commission (SEC) has postponed the deadline for passing a judgment on the proposed spot Ethereum (CRYPTO: ETH) exchange-traded fund (ETF) by Fidelity to March 5. What Happened: The SEC has expanded the decision-making timeframe for the proposed rule amendment, allowing...

In an intriguing shift within the spot Bitcoin (CRYPTO: BTC) ETF market, the group of ETFs experienced a net outflow of $41.1 million on day three, signaling a cautious stance from investors in certain funds while others gained traction. Grayscale Bitcoin Trust (OTC: GBTC) bore the...

Vanguard defied the crypto fever sweeping Wall Street with the first-ever U.S. spot Bitcoin (CRYPTO: BTC) ETFs by refusing to offer a fund of its own. The investment giant, known for its conservative, long-term approach, declared bitcoin "too volatile" and refused to offer any of the...

In a groundbreaking move, the Securities and Exchange Commission (SEC) on Wednesday gave the green light to applications for spot Bitcoin ETFs, a decision anticipated to transform both the cryptocurrency and conventional finance industries, and one that comes as Bitcoin (CRYPTO: BTC) recently...

As the economy evolves in 2024, the materials sector might witness a turnaround, boosted by robust supply-demand dynamics. While the sector had a sluggish performance in 2023 amid recession concerns, it could see a positive shift this year. Fidelity, with a keen eye on areas displaying strong...

Bitcoin (CRYPTO: BTC) has surged past the $47,000 mark, a peak not seen since April 2022, fueled by expectations that U.S. regulators are on the brink of approving exchange-traded funds (ETFs) that directly invest in the cryptocurrency. Bitcoin made a high of $47,281 on Monday. ETF Applications...

The U.S. Securities and Exchange Commission informed exchanges and issuers that want to list spot Bitcoin (CRYPTO: BTC) ETFs to submit a final version of a key document as soon as Friday, Bloomberg reported, citing sources close to the matter. What Happened: The documents...

Grayscale, VanEck filed key paperwork indicating progress toward a spot ETF, prompting analysts to anticipate potential approvals starting as soon as this week. What Happened: Grayscale Bitcoin Trust (OTC: GBTC) on Thursday filed a Form 8-A registration with the SEC, following...

Recent interactions between the U.S. Securities and Exchange Commission (SEC) and several major stock exchanges have sparked optimism about the potential approval of a much-anticipated spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). SEC staff attorneys from the Division of Trading and...

CBOE (BATS: CBOE) approved Fidelity's application Wednesday for the "listing of the Shares of the Trust" for its spot Bitcoin  ETF. A filing for the Fidelity Wise Origin Bitcoin Fund indicates that the proposed ETF meets the requirements for listing a new financial product and is...

BlackRock Inc. (NYSE:BLK), Fidelity (NYSE:FIS), and WisdomTree Inc. (NYSE:WT) have announced market maker Jane Street Capital and JPMorgan Securities (NYSE:JPM) as the “authorized participants” for their potential Bitcoin ETFs, which are currently awaiting regulatory clearance. What...

As 2023 draws to a close, it has been a remarkable year for many, especially for billionaire Elon Musk. The Tesla Inc (NASDAQ:TSLA) CEO accomplished many things in 2023 including watching his electric vehicle company complete the first deliveries of the Cybertruck. Here's a look back at how several...

Fidelity’s Spot Bitcoin ETF is now listed on the Depository Trust and Clearing Corporation (DTCC) marked under the ticker FBTC. What Happened: Fidelity has listed its Spot Bitcoin ETF on the DTCC under the ticker FBTC. The move was closely observed by the U.S. Securities and Exchange...