Fidelity’s $4.5T Bitcoin ETF Proposal Spurs SEC Clash
Resubmitting its application to the U.S. Securities and Exchange Commission (SEC) for its Bitcoin spot ETF, "Wise Origin Bitcoin Trust," is Fidelity Investments.
Key takeaways: In a significant win for crypto asset manager Grayscale Investments, the company has achieved a favorable outcome against the United States Securities and Exchange Commission (SEC) in its pursuit to convert its Grayscale Bitcoin Trust (GBTC) from an…