$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/youd-have-to-shut-down-the-internet-to-ban-bitcoin-says-secs-hester-peirce/