Fidelity Investments is the latest financial services heavyweight to throw its name into the race to offer the first US exchange-traded fund investing in Bitcoin.
The Boston-based asset manager, which has about $11 trillion in assets under administration and has tens of millions of customers, re-filed for the Wise Origin Bitcoin Trust, according to an document submitted with the US Securities and Exchange Commission. This is its second attempt for a Bitcoin ETF — Fidelity had previously been denied by the SEC.