Coindesk Logo

Fidelity-Affiliated Fund Files for Bitcoin ETF

Fidelity-Affiliated Fund Files for Bitcoin ETF

Fidelity-Affiliated Fund Files for Bitcoin ETF

Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.

Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.

Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.

AccessTimeIconMar 24, 2021, 9:57 PM
Updated Aug 19, 2021, 8:19 AM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

An affiliate of investment giant Fidelity is seeking to offer a bitcoin exchange-traded fund in the U.S. market.

  • A Wednesday filing with the U.S. Securities and Exchange Commission (SEC) seeks approval for the "Wise Origin Bitcoin Trust," an exchange-traded fund with multiple ties to Fidelity.
  • Fidelity affiliates serve as the fund's sponsor, administrator, custodian and trustee, the filing states. The fund would track the performance of Fidelity's bitcoin index.
  • Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.

This is a developing story.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.