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December 30, 2023 by MarketNewsData

From Investing.com:

Asset management firms, including BlackRock and Fidelity, updated filings with the SEC to launch ETFs tied to the spot price of bitcoin, sparking speculation that regulatory approval may be imminent. If cleared, issuers may launch as early as January 10, with Valkyrie planning to levy a management fee of 0.80% and Fidelity the least expensive at 0.39%. There are 14 asset managers in total seeking SEC approval for spot bitcoin ETFs, including Grayscale Investments and Hashdex.



Read more: BlackRock, VanEck among asset managers that submitted updated filings for spot bitcoin ETF By Reuters

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