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[SERIOUS] Fidelity Investments, which Manages more than $4.2 Trillion in Assets, is Preparing to apply for a Bitcoin ETF and submit an offer to Acquire Grayscale. BlackRock and Fidelity are both Pursuing an ETF in light of the Binance and Coinbase Case!

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by COINS NEWS 81 Views

After Blackrock, now it's Fidelity that is preparing to apply for the Bitcoin ETF. Is there something happening behind the curtains that we don't know about? SEC! attacking major exchanges like Binance and Coinbase in the country, and then suddenly Blackrock applies for a Bitcoin ETF, and then Fidelity Management is also preparing to apply for one. Last time Fidelity Management applied for the Bitcoin ETF, they got rejected, and they already operate their digital asset operations under the name Fidelity Digital Assets. Last year they launched Ethereum trading services for institutional clients, and now they are applying again for the Bitcoin ETF.

[Source][1]

[1]: Fidelity Applied for Bitcoin ETF

The president of Fidelity Management Sales stated that they started mining Bitcoin in 2014 and have been accumulating since then; significant changes have been occurring in the market. I'm not trying to create hopium, but it's too bullish to keep to myself.

[Source][2]

[2]; Fidelity Mining and Accumulating Bitcoin

Is this how the next bull run is gonna go from here? Major institutions accepting, embracing and building on cryptocurrency.

submitted by /u/Ok-Hedgehog-7266
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