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Bitcoin briefly hits $31,000 as Fidelity joins the spot ETF race
Fidelity is preparing to submit a a bitcoin ETF, according to The Block.BlackRock kicked off a fresh bitcoin ETF frenzy on June 15 with a filing that caught the market by surprise. Many are speculating that BlackRock received some kind of nudge in a process that's been stagnant for many years.The Fidelity report suggests they may have received some of the same intelligence, adding credence to it. The thinking may be that US regulators will shut down crypto exchanges but allow bitcoin to be trade...
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Posted: Jun 27 2023, 14:27
Author Name: forexlive
Views: 111044