Fidelity Files for Bitcoin Spot ETF (Eruptions Market Report 6-28-23)
- Jul 1, 2023
- 1 min read
We've just had the BIGGEST news in all of financial history.
No, this is not an overstatement.
Let's break this down.
Blackrock, Invesco, WisdomTree, and now Fidelity are all filing for spot Bitcoin ETFs (Exchange Traded Fund).
Bank of America, Citibank, Vanguard, and Blackrock are all buying MSTR (MicroStrategy stock, the largest institutional holder of Bitcoin).
Fidelity, Charles Schwab, and Citadel are launching their own cryptocurrency exchange called EDX.
Essentially every single global financial heavy weight is preparing to enter Bitcoin.
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