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Fidelity Digital Assets has filed an application for a spot bitcoin exchange traded fund, after its previous filing was rejected by the U.S. Securities and Exchange Commission in 2022. Fidelity’s latest move follows similar filings by BlackRock, Invesco, Wisdom Tree, Valkyrie, and Bitwise. The SEC approved several bitcoin futures-based ETFs in the past, but has yet to greenlight anything that is backed by bitcoin itself.
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