STCTE

Fidelity Joins Spot-Bitcoin ETF Race With Fresh SEC Filing
The Boston-based asset manager, which has about $11 trillion in assets under administration and has tens of millions of customers, re-filed for the Wise Origin Bitcoin Trust, according to a document submitted Thursday with the US Securities and Exchange Commission. Similar to previous US spot Bitcoin ETF filings in the past few weeks, the updated application says that Fidelity expects to enter into a surveillance-sharing agreement with a US cryptocurrency exchange.

Robert Leshner, CEO of decentralized lender Compound, submitted filings to U.S. securities regulators for "Superstate," a new company that will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool.

Factbox - Financial firms line up spot bitcoin exchange-traded fund applications

(Reuters) - Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by the U.S. securities regulator after BlackRock this month unveiled it was looking to launch such a product.

Stock picker Cathy Wood's Ark Invest and Swiss-based exchange-traded fund (ETF) issuer 21Shares on Wednesday amended their bitcoin ETF application, while asset manager Fidelity is also expected to file a spot bitcoin ETF application, trade publication The Block reported on Tuesday.