First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF

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First Mover Americas: Fidelity Joins the Rush for Spot Bitcoin ETF
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Asset management giant Fidelity has refiled paperwork for its Wise Origin Bitcoin Trust, a spot bitcoin ETF LedesmaLyllah and godbole17 report in First Mover Americas

for the next year and beyond, according to a survey it conducted between March and May 2023.

The study – undertaken by Binance Research and the Binance VIP & Institutional team – surveyed 208 clients, nearly a quarter of whom had assets under management above $100 million and just over half of whom had AUM less than $25 million. Just shy of two-thirds of respondents said they are positive on the outlook of crypto for the next year and 88% said they are optimistic for the next decade, according to the report.

The dollar value locked in open contracts has surged to $362 million from $50 million in ten days, indicating an influx of new money into the market.

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