Investors in (BTC), it’s been an uphill battle. Fidelity Investments (a U.S. investment firm) is reported to be launching a Canadian spot Bitcoin ETF while waiting for the United States Securities and Exchange Commission’s (SEC), decision on whether they will approve or deny a spot Bitcoin Exchange-Traded Fund (ETF).

Erick Balchunas (Bloomberg senior ETF analyst) tweeted that the “Fidelity advantage Bitcoin ETF” fund is currently being pending listing on a Canadian stock exchange. Balchunas added that, if this new fund is successful, it will be the biggest asset management firm offering Bitcoin services.