Fidelity, the asset management giant has applied for launch Spot Ethereum ETF After previously submitting a request for Spot Bitcoin ETF along with confirming that if approval is given, it will be ‘Big win’ for US investors
“At this point, approval of Spot ETH would represent a major victory in protecting U.S. investors in the crypto asset space,” the document states, arguing that investors are facing significant risks without such a product. while they seek riskier alternatives.
In June, Fidelity filed to launch a Spot Bitcoin ETF, shortly after BlackRock jumped into the fray.
refer : theblock.co
The post, take it too!!! Fidelity files application to launch Spot Ethereum ETF, says if greenlighted it would be a ‘big win’ for US investors appeared first on Bitcoin Addict.