Fidelity Leads Flurry of Bitcoin ETF Refilings to Answer SEC
- Coinbase to provide market surveillance for the proposed funds
- Eight issuers including BlackRock seek spot-Bitcoin ETFs
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In a flurry of Friday afternoon activity, Fidelity Investments led a handful of firms that filed a fresh set of applications for a spot-Bitcoin exchange-traded fund to add new details after the US Securities and Exchange Commission indicated that the initial filings were insufficient.
The companies — which also include Invesco, VanEck, 21Shares and WisdomTree — are among eight that are seeking to launch what would be an initial crop of US spot Bitcoin ETFs. BlackRock Inc. set off the wave with its surprise filing for such a fund in mid-June.