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Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting

Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting



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  1. tldr; Fidelity Investments has urged the US Securities and Exchange Commission to approve its Bitcoin exchange-traded fund in a private meeting. Executives including Tom Jessop, president of Fidelity Digital Assets, met with SEC officials in a Sept. 8 video call. They laid out reasons why the regulator should approve the proposed product, including increased investor appetite for virtual currencies and the growth of Bitcoin holders.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I think the longer we don’t get ETF the better for long term ecosystem. Why? Because without ETF there is chance for multiple smaller service providers to grow their business model. ETF, when approved, will swallow huge chunk of market.

What do you think?

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