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