Fidelity Spot Bitcoin ETF Listed On DTCC, Files For Spot Ethereum ETF

According to Coincu, 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. 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.