How long will it be before the SEC approves the Bitcoin ETF applications submitted by mainstream institutions?
According to a Form S-1 document published by the SECurities and exchange commission (sec), asset management giant Fidelity is seeking to establish a bitcoin exchange-traded fund (ETF), which is named WISE ORIGIN BITCOIN TRUST.
According to the document, FD Funds Management LLC is the initiator of the fund, Fidelity Service Company,Inc is the manager, and the address of FD Funds Management is the same as Fidelity's office address in Boston, Massachusetts. Fidelity Digital Assets…