Stock Groups

Fidelity lobbies SEC to approve Bitcoin ETF in private meeting By Cointelegraph

by Mike Robinson

[ad_1]

Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

Multinational financial services firm Fidelity Investments has pressed the United States Securities and Exchange Commission to approve its exchange-traded fund (ETF).

A private meeting was held on Sept. 8 among Fidelity Digital Assets president Tom Jessop, six of the firm’s executives and several SEC officials. Finance executives presented a variety of reasons the regulator should approve this investment product. These include increased demand for digital assets and related products, the prevalence of similar funds in other countries, and the rise of Bitcoin (BTC) adoption.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are determined by marketmakers. As such, the prices might not reflect market conditions and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

Banner 3



[ad_2]