Fidelity Files For Bitcoin ETF Registration As Securities

Asset manager Fidelity filed for registration of securities with the US Securities and Exchanges Commission (SEC) for its spot Bitcoin  ETF. This comes amid widespread expectations around the approval of spot ETF filings before January 10, 2024.

Also Read: Crypto Lawyer Names Legal Implication of Spot Bitcoin ETF Denial

Fidelity Bitcoin ETF Shares As Securities

According to the form 8-A filing with the U.S. SEC, Fidelity filed for registration of shares of beneficial interest of Fidelity Wise Origin Bitcoin Fund.

Earlier, CoinGape reported that Fidelity’s spot Bitcoin ETF has been added to the active and pre-launch list of the Depository Trust & Clearing Corporation (DTCC). The Fidelity spot ETF was listed under the ticker FBTC with the DTCC. Following this, the Bitwise spot Bitcoin ETF has also been added to the active and pre-launch list of the DTCC.

Also Read: Crypto Transactions Over $10,000 Face Stricter IRS Scrutiny Under New US Rules

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Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1,200 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

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