Fidelity files Bitcoin ETF securities registration application with SEC
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Fidelity Investments has filed a securities registration application with the U.S. Securities and Exchange Commission (SEC) for its spot Bitcoin ETF.
The company has more than $4.5 trillion in assets submit Filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to register its Fidelity Wise Origin Bitcoin Fund. The filing indicates the fund will become a publicly traded security, a milestone for Fidelity and the wider acceptance of digital assets in traditional investment portfolios.
The filing comes at a tumultuous time, with the cryptocurrency market seeing more than $540 million in liquidation losses today as Matrixport claimed the SEC may reject all ETF applications. Soon after, however, some journalists and analysts refuted this claim.
SEC Form 8-A is a key regulatory requirement for companies intending to list securities on an exchange. The registration highlights Fidelity’s commitment to complying with regulatory standards and paves the way for its spot Bitcoin exchange-traded fund (ETF) to be listed on a national securities exchange.
As the table points out, listing on the CBOE BZX exchange is a clear signal that Fidelity is positioning itself at the forefront of the ETF investing wave. With this registration, Fidelity’s Bitcoin Fund is now subject to SEC rules and oversight designed to protect investors and maintain a fair market, underscoring the fund’s legality.
