Скачать или смотреть Fidelity applies to establish a BTC Exchange Traded Fund

Fidelity have just made a submission to launch the Wise Origin Bitcoin Trust, an ETF and now awaits SEC approval
The ETF market is approaching $8 trillion having enjoyed considerable institutions support and many passive funds have struggled outperform active funds and ETF’s costs are considerably less
Fidelity are not the first traditional financial services company to be involved in a Crypto ETF but join STATE STREET......$38.8 trillion in assets under custody and/or administration $3.5 trillion in assets under management.
Will we see more crypto funds than the current 6,500+ cryptos that exist as after all there are more mutual funds than stocks.
How long before traditional financial services firms start buying some of the many FinTech disruptors in order to gain expertise a toe hold in the digital assets sector.
Without a doubt we are seeing FinTech firms building the infrastructure offering Monsas (banking, custody), Aaro Capital (asset management), Novum Insight (crypto analytics), Alaco Digital (forensic crypto due diligence)
Exciting times for those informed as old business methods are being challenged how ready are you????

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#Crypto #ETF #Fidelity#Statestreet #Blockchain #SEC #FinTech #Bitcoin