© Reuters.
BOSTON – Fidelity Investments has taken an important step in expanding its cryptocurrency product offerings by filing a Form 8-A with the SEC to have its Wise Origin Bitcoin fund listed on the CBOE BZX Exchange.
The move, confirmed today, signals Fidelity’s intention to expand access to bitcoin investments, although the company is awaiting full approval, including Form S-1 and a proposed rule change ( 19b-4).
The development comes as other financial companies, including Bitwise, have also taken steps to launch similar products. Bitwise filed for a spot Bitcoin ETF with NYSE Arca on December 29, 2023.
As companies like Fidelity move forward with their plans, the industry is closely watching the SEC’s response to these new product filings.
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