Fidelity Spot Bitcoin ETF Now Listed On DTCC Under Ticker FBTC

Key Points:

Fidelity Spot Bitcoin ETF, ticker $FBTC, has been listed on the DTCC.
Fidelity has filed an application for a Spot Ethereum ETF with the SEC.
US regulators are warming to the idea of approving spot Bitcoin ETFs.

According to Watcher Guru, Fidelity Spot Bitcoin ETF ($FBTC) listed on DTCC. Cboe announced the filing of the Fidelity Bitcoin Spot ETF. Fidelity also applied for a spot Ethereum ETF. US regulators warming to Bitcoin ETF approval. Approval window: Jan 5-10, 2024.

Fidelity’s Spot Bitcoin ETF, with the ticker symbol $FBTC, has been listed on the Depository Trust & Clearing Corporation (DTCC) website. Fidelity officially filed an application for the ETF with the SEC on June 6, 2023. The Chicago Board Options Exchange (Cboe) then announced the 19b-4 filing of the Fidelity Bitcoin Spot ETF.

Fidelity is also planning to launch a spot Ethereum ETF, and the US Securities and Exchange Commission (SEC) has reportedly received Fidelity’s application to list a Fidelity spot Ethereum ETF, according to a recent SEC filing. The proposal aims to list and trade shares of the Fidelity spot Ethereum ETF, which would track the performance of the Fidelity Ethereum Index.

Fidelity Spot Bitcoin ETF Lists On DTCC

Forbes recently reported that US regulators are warming to the idea of approving spot Bitcoin ETFs. Meetings between the SEC and applicants have progressed, focusing on key technical details. Industry experts speculate that the approval window for these ETFs could be between January 5-10, 2024. These events indicate that the much-anticipated Bitcoin ETF offering may soon become a reality.

Additionally, the iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC) on October 24, 2023.

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Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.