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$5 trillion asset manager Fidelity applies for Bitcoin ETF
FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF).
2 min read → Source: https://cryptoslate.com/valkyries-bitcoin-etf-will-trade-under-btfd/