Spot crypto ETFs are about to be welcomed in Hong Kong as the city's financial regulator declared on December 22 that it is ready to accept applications for them.
Resubmitting its application to the U.S. Securities and Exchange Commission (SEC) for its Bitcoin spot ETF, "Wise Origin Bitcoin Trust," is Fidelity Investments.
The asset manager's flagship Bitcoin fund is being changed into a spot ETF, and Grayscale has informed the SEC that it no longer has any legal justification.